Ann: Trading Halt, page-11

The company tasked with doing their half yearly literally said the only reason they could continue to operate was the company's insistence that they could raise funds before the bank balance hit zero.

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" Going Concern

The financial statements have been prepared on the going concern basis, which contemplates the continuity of normal business activity and the realisation of assets and the settlement of liabilities in the normal course of business. As disclosed in the review report for the half year ended 31 December 2018 the Group recorded a loss of $3,794,152 and had net cash outflows from operating activities of $2,615,332 for the period ended 31 December 2018.

These conditions indicate the existence of a material uncertainty that may cast significant doubt about the Group’s ability to continue as a going concern. The ability of the entity to continue as a going concern is dependent on securing additional funding through capital raising activities and securing of material revenue generating contracts to continue its operational and marketing activities. "

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Not really sure how anyone is surprised by this considering the figure in that report.

Suppose it's easier to post % revenue gains as if it's an accurate portrayal of the finances and pray it all just works out ...