It's only a matter of time, folks. Money nearly all gone,...

It's only a matter of time, folks.

Money nearly all gone, including Ramy's $250K loan.
Where to from here. ?
All so called, "sophisticated investors" have been sucked dry, no banks will touch them, zero chance of government grants, no more kindly, but misguided, old ladies to the rescue, no chance of any capital raising based on last years performance.. Only chance is for Ramy to tip in more of his "hard earned" ... hahaha ... cash. Hope this happens.

The valuation of plant and equipment is laughable. Suggest to divide by 10 and then divide by 10 again to get a true value (what's the scrap metal rate in Egypt ?).

What ever happened to the egg carton factory at Walkamin ? Silence is deafening.
Money paid to MAP seems to have been another waste.

Next AGM will be a complete circus. A presentation about nothing.