I know the ASX is performing an extended review because on Thursday Dec 3 Cirralto tweeted, "It's official, just waiting on the ASX to complete its extended review. Stay Tuned!"'
I know that ASX only performs extended reviews on deals when information is provided by either party involved in the deal that does not meet the detailed requirements of the ASX. If a deal makes any type of statement about non-guaranteed revenue, there must be highly detailed justification provided.
The company confirmed in the Oct investor webinar that further detail regarding the convertible notes/debt was the issue behind the hold up.
it's just the beginning for Cirralto!, page-2966
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