defamation threat from mark lynch ahead of gm, page-29

axegun, I guess the more shareholders that contact ASIC / ASX the more chance there is of them taking a closer look.
Looking back at September's quarterly they had $65k cash with $3million outgoings estimated for current quarter.They also received the final $3mill of the $10mill placement in this quarter so they appear to be covered till the end of this quarter. They will definitely be at the bottom of the barrel at the end of December and will be interesting to see if they can find another donor to put money into the feed trough.
Another interesting thing from the quarterly is that they forecast 50% less administration costs for this quarter over the previous quarter!
Perhaps the fat lady is tuning her vocal chords right now.

DYOR My thoughts and ramblings only.