ASX Suspension Status, page-11

OK so the ASX has responded. IMO it does not contain any that cannot and should not be reproduced in its entirety ... I'm sure anyone you submitted a like email will receive the same response.




So now we know that the suspension is no longer voluntary by applied by the ASX as SSN has yet to lodge a subsequent set of financial statements with the ASX which does not contain SSN's auditor's disclaimer with respect to SSN's ability to continue as a going concern.

Now we continue to "turn the screw" so to speak. SSN filed their HY (Dec 31, 2018) on Mar 18,2019


As is clearly evident, the dependency is on either (a) refinance or (b) divestment of asset.

SSN has successfully concluded (a) Refinance but has yet to produce any financial statements and given that "nothing has been identified that is expected to materially impact execution of the arrangement" one could be forgiven as not understanding why SSN and its auditor not have the required financial statements ready in conjunction with the completed refinancing documentation.



Now the Directors of SSN made the following claim in the HY report ... but it seems that with all things SSN related have failed to follow through appropriately


So now lets turn up the heat further .... next post will address