I think he means the $250k due to be paid Qtrly for compensation...

I think he means the $250k due to be paid Qtrly for compensation of stock losses. according to release, they will be paying $2m over 12mths.

I agree that there are so many more important issues we s/h now face.
so we have had Guidance downgrade, flat US sales, mgt and board changes, S249D requisition (ergo active s/h dissatisfaction), Stock Claim, now reports of lawyers investigating Class Action, still got Hank litigation unresolved, and now the mergence of a new s/h (whose we can guarantee will ensure it goes over the 10% threshold. If it does we won't know until next Top20 list - because a Sub S/h only needs to lodge a change when their s/h changes by 1% or more. So last notice was 9.26%, so if they buy more on mkt, they don't need to notify) - so lots to contemplate.

So the bottom feeders are keen on YOW shares. Guaranteed more to play out there!
Look at their record.
I think the Top20 list will have very major changes next time we see one.

FYI - I think of the US$22.7m cash on hand, the vast bulk of it is held in A$ bank accounts.
Refer Note 22 of A/R.
The accounts are prepared in US$, as are the 4c's.
The way I read Note 22, it is saying that at last balance date 30 June 2017, YOW had almost US$27m cash.
Of that, almost US$19m was held in Aust Dollars in Aust banks. Happy to be corrected. re US$11k interest received for qtr, one may find that this interest is a net figure? Also, interest rates in US are well below Aust interest rates.

having said all of the above, IMHO there is still a glimmer of light. Cash backing is still A$28.4m at US$80c - so thats A$13.2c cash backing per share.
So that means mkt is only valuing the business at less than 3c per share.
All sorts of issues, but there is still plenty of scope for upside, imho.
cheers