If they can't find new financing, then they're broke, for all intents they've defaulted on their current finance facilities, and had to pay back the personal loan.
Whose going to give more money to a company that can't issue shares, has defaulted on their previous arrangements, still chewing through capital, and has been on suspension for 3 months of the year?
NET Price at posting:
5.8¢ Sentiment: None Disclosure: Not Held
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