I dont think its all over red rover.Caned and flogged for sure,...

I dont think its all over red rover.

Caned and flogged for sure, but I doubt it spells an end to the company. Worse case senario, it decides my tax loss for me.

Arasor International Ltd said it had not yet decided to write off portions of its accounts receivables as a bad debt, nor to sell any of the group's businesses, following a decrease in receipts from $15.3 million to $10.2 million in the March quarter.Responding to an ASX query, the company said the decrease was partially attributable to a delay in receiving certain accounts receivable balances, but the company believes it is taking appropriate action to address the delay.

Oscar