ARR has maxed out all its debt facilities. No one else is going to lend them any more money. Even Macquarie Bank has lent them a couple of hundred thousand to cover operating expenses.
The difference between the quarterly and projections is a joke ! They seem to be nowhere near achieving their estimated profits for the year.
The company let the market down last year in a big way by estimating a profit for the year within a short time to the end of that year and it came nowhere near it. Is he doing it again ?
