The JDB debt is due 31 Jan 19- so despite a $3m surplus current liquidity position as at 30 June 18 ( current assets less current liabilities) -those"head winds" in Q in A and the ever shrinking Subscription business being only on budget the BOD have realised they are now struggling to generate enough free cash flow to fund the Crowd Media expansion as well as the Corporate costs ( including their exhorbitant Director fees) and meet the debt repayment timetable ... consequently money needs to be raised to fill this shortfall - high noon - meet the debt repayment requirements of 31 Jan 19 !! Hence some concern from the market today?
Again - Vote NO at the AGM to the remuneration report and send a mesage that shareholders are not happy with the remuneration of its BOD and how it correlates with the company's performance and its current market capitalisation.
