Belief is worthless without execution.
And we've all witnessed their ability to execute anything.
Looking to raise $5m in funds, with debt of $4.1m at 31/12/18, and with expenses this quarter of $1.69m? Even with such a raising they will still be in debt, with no money left over to execute their ideas.
They need to raise an awful lot more than $5m to stave off administration.
Ann: Voluntary Suspension, page-17
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