Another pretty grim picture, and outlook. and absolutely no...

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.