Oh dear, we still owe GOMspace AUD$3.2m. We are on a payment...

Oh dear, we still owe GOMspace AUD$3.2m. We are on a payment plan now.

https://gomspace.com/news/gomspace-comments-on-non-payment-from-our-cus.aspx

4/1/2019GomSpace comments on non-payment from our customer Sky and Space GlobalStockholm, January 4, 2019. GomSpace Group AB (the “Company”) is following up on information from the third quarter interim report. In the report, it was disclosed that a payment of T.SEK 20,592 from our customer Sky and Space Global was, as per agreement, expected to be received during the fourth quarter 2018. The payment is not contested by Sky and Space Global but is still outstanding due to their current cash flow situation. We have a constructive dialogue with Sky and Space Global regarding a new payment plan in order for them to be able to solve the situation and make the payment in full. We have already taken their cash flow situation into account  and the situation does not have any impact on our long-term ambitions