Ahh there we go. AGM scheduled as expected.
A few key notes:
- $3.816m cash on hand
- $5.688m burn rate
- $8.002m debt
- Looking to issue shares equivalent to 10% of issued base
Plus this doozy in the audit section:
"Material Uncertainty Regarding Continuation as a Going Concern
Without qualifying our opinion we draw attention to Note 1 in the financial report. As a result of the matters described in Note 1, there is material uncertainty whether the consolidated entity will continue as a going concern and therefore whether it will realize its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial report. The financial report does not include any adjustments relating to the recoverability and classification of recorded asset amounts or to the amounts and classification of liabilities that might be necessary should the consolidated entity not
continue as a going concern."
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Ahh there we go. AGM scheduled as expected.A few key notes: -...
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