Noticed in the staements that $73,578,000 carried forward in losses for 2013. Say all these Sanofi dollars and monies do come in, looks like they'll be tax free. I had 2 investment properties. Now, as my negative gearing went too negative without any signs of capital gain {revenue} I am looking at a non-functioning investment. Hence I sold as my income still didn't help the mathematics. Bank manager enjoying himself only.
UNS
2013 tax losses forwarded - $73,578,000
TOTAL ASSETS - $68,401,000
Comprehensive loss $68,198,000
Net cash used in operations {burn} - $41,333,000
Total long term debt - $20,045,000
Sanofi deal $5,000,00 and MAYBE $15,000,000 later
Oh, dear !!! Alan, contracts really needed by Xmas, mate !
This house would also be for sale by now, or maybe I should have got shareholders involved with my previous investment property to support my high losses. There's a thought....
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