Ann: Half-Year Financial Report, page-2

More dilution coming that is if they can get anyone to come onboard just what a share trading less than a cent needs

These factors indicate significant uncertainty as to whether the consolidated entity will continue as a going concern and therefore whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial report. Notwithstanding the above, the Directors believe that there are reasonable grounds to believe that the consolidated entity will be able to continue as a going concern, after taking into consideration of the following factors: - The Company plans to issue additional shares in the next 12 months under the Corporation Act 2001. This strategy has proven to be successful in the past. As disclosed in Note 10, the Company raised $1 million subsequent to half year; - As disclosed in the statement of financial position, the consolidated entity has interest bearing liabilities of $300,000 which are classified as current as at 31 December 2014. The directors plan to negotiate repayment terms of this loan in the Company’s favour, when they become due and payable;