Solvency, page-11

Assets??? The trouble with assets is that unless you try to sell them it's hard to know what they are worth.
We know the Magnis Minnow forked out $5 mill for the tired old second hand cell making kit that sat in a warehouse for 5 years.
So its probably worth nothing.
Remember how they "forgave" c4v for a $1 million loan. In those days it was big news. Now theyve "forgiven" tens of millions of dollars.
Then they forked out $40 mill and more of the mums and dads money on the soon to battery (cell) debacle... im3alltalk.
So thats probably worth nothing.
They have at least $100 m in loans so the net asset figure is hmmmm about -$100 mill.
And no one wants a part of the im3alltalk "folly" No big name Marquee/industry player.
Not good.
Watch out punters
DYOR