Hanging on by a thread, no R&D grant this quarter and with only $148k revenue for last Southern Hemisphere summer!!
That is a shambles for an Australian sun screen company. But worse yet, Malone raised another $350k from unsuspecting investors and I wonder at what price. He is diluting the crap out of this company that is for sure IMO.
IMO, final curtain call this quarter. Who is going to give this guy another $900k to survive. I can’t believe no one can see the con artist this guy is, only filling his belly with empty promises to investors and a nothing business driven into the dust by his narcissistic incompetence.
No where to run this quarter Malone!!!
Ann: Appendix 4C - quarterly, page-3
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