Ann: Updates to September quarter Activities Report & Appendix 4C, page-9

Is this why they went back to their September quarterly and updated it? I believe ASX should be onto this company, as it has shonky stamped all over it. The other clear statement from the auditor was:
We draw attention to Note 1 in the financial report, which indicates that the Group incurred a net loss of
$3,482,245 during the year ended 30 June 2020 and, as of that date, the Group’s current liabilities
exceeded its current assets by $4,739,403. As stated in Note 1, these events or conditions, along with
other matters as set forth in Note 1, indicate that a material uncertainty exists that may cast significant
doubt on the Group’s ability to continue as a going concern.
They are basically saying that this company is NOT FINANCIALLY VIABLE! No mention of China. Once the Ballarat loan gets called in they will lose another $2million dollar asset, so Broo will be up the creek without a paddle. There is some buying of shares at the moment, so I gather Kent is hard at the bar conning a few out of their hard earned money, selling them the dream that will never eventuate.
Apparently this is a legal way to do business in Australia. This company is basically trading insolvent.