So we have $86k cash left as at 23 December and WFL under the...

So we have $86k cash left as at 23 December and WFL under the impeccable stewardship (joke) of PP and the BOD are burning $185k per week so by 25 Jaunary we will be trading insolvent or more loans needed from SS and PP.
All this while being proposed a merger with TBB in voluntray administration because it is obviously losing money and has $1.6m in debt owed to the directors. It is also obvious that the main creditors are in fact its employees usually the last to be paid.
Why doesn't this inept board cancel this totally crappy merger and simply do a placement to Capital D for the $5m which WFL desparately needs.
TBB is a loss making business with $1.6m debt and the remaining brands are the leftovers not wanted by Henekel.
WFL does need another loss making business nor its debt. WFL needs cash
To the BOD:
1. Cut your costs savagely starting with SS
2. Concentrate on one brand/product only
3. Raise the $5m pronto
4. Cancel the TBB merger proposal

The ASX will likely intervene on this TBB merger proposal due to the lack of any information about the audited financial history and the fact the crap company is in VA as well. Any BOD of directors that proposed such a deal would be banned as directors for life and most like will be.
Its just commercial vandalism and shows no regard to shareholders interest or value.