CHM 11.1% 1.0¢ chimeric therapeutics limited

Ann: Second Quarter Activities and Cashflow Repor, page-4

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  1. 1,084 Posts.
    re: Ann: Second Quarter Activities and Cashfl... They also have the legal costs to pay from previous solicitor.I wonder if they have had the documents returned since they have not paid the account.Surely CHM is trading insolvently.If I read the report correctly CHM spent $436000 last month including $26000 to directors.I am not knocking CHM but I worry about companies like this who could go under.They only have $93000 in cash and a $1.65 million debt,I am not an accountant but surely these numbers would be a great worry to their accountant.
 
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