More liabilities than assets, page-8

"Company undertaking successful capital raising during the 30 June 2023 financial year

totalling $10.9 million (before costs).

As an update on the Company’s Current Liabilities as shown in the 2023 annual report:

• XTC has already repaid all loans and trade and other payables outstanding at 30 June

2023 in an amount of $3,897,543.

• The remaining current Liability being a convertible note of $5,279,035 is owed to a

vendor of the XTC’s Argentina assets. XTC works closely with its vendors on the

repayment scheduling which has included a number of vendors converting to equity,

which XTC encourages and notes the previous negotiations with vendors for payment

extensions when and if needed"


Please read and understand information before your post utter nonsense