Ann: Appendix 4C - quarterly, page-5

Another pretty grim picture, and outlook. and absolutely no commentary about what's been going on ... although we can all come to the same conclusion.

PPY record "$50K proceeds from borrowings" last quarter yet their loan facilities (Loan from MD) did not change from the previous quarter.
The loan facility was $243K at the end of the Sept quarter and remained at $243K at the end of the December quarter. No other new loan facilities are listed. Neat trick !!

Very little "proceeds from issue of share" ($30K only) so they are not being knocked over in the rush to purchase the new share issues. What next ?

..... and what happens when the money runs out and Ramy doesn't extend any further loan facility.

I don't think that making a few egg cartons is gong to make much difference.