General Comments, page-49

• Creditors totalling $92,640 have provided confirmation they will extend payment terms until such time as the Group has the ability to settle invoices;
• The Group is in ongoing discussions with remaining creditors which will be settled upon funding through a debt or equity event. At the date of this report, the Group has not received any demands for payment from creditors;
  Thanks Doz, I'm aware of the Ocean Broadband debt and also the debts to the Ostergaard Family Trust and Ostergaard himself. As @ the end of the 2018/19 financial year they were $40,469, $33,101 and $36,501 respectively. I've no idea what they are now but suspect they fall into the $92,640 of extended payment terms? The use of

"the ability to settle invoices" confuses me a bit though.

It's the second bullet point that is probably of more concern. The half-yearly lists current liabilities of $974,246 made up of;

1		Trade and other payables	2,307
2	Lease Liabilities	$39,090
3	Provisions	$208,463
4	Loan Payable	$138,830
5	Contract Liabilities	$135,556
6	Total	$974,246

Even ignoring the lease, loan and contract liabilities there was still over $651K in current liabilities at 31 December 2019. To be kind we can ignore the "Provisions" as well and just look at the first item. That's $452,307 owing to other businesses most of whom are probably doing it pretty tough at the moment? That was was almost 4 months ago so even if some of them have been paid new liabilities would have accrued.