Ann: Trading Halt, page-10

Accounts reveals debt doubled to $1.8m over the past year, liabilities hit $2.6m, debtors balooning out and cash on hand of just $3.4m. With production ramping up they face a short term cash flow squeeze.

All will be revealed in a couple of days but my guess is the Chinese are holding back payments and to cover that the company will arrange a modest placement to raise something like $5m at 35 cents.

Huge potential as we all know but we also know their hosts play hard ball.