Well guys, this is the simple maths: the estimated outgoings...

Well guys, this is the simple maths: the estimated outgoings from the report for the coming quarter are being unequivocally stated as $12,851,000.

The cash at bank  is stated as $143,000 .

By my estimations, correct me if I'm wrong, a quarter is made up of 12 weeks.

Each week the expenditure equals  $12,851,000 /12 which equals $1,070,916.66 (which coincidentally ends with the so called devil's number) per week.

This in turn would suggest we are insolvent as of now.

Does anyone think that the directors will be notifying ASIC and ASX that they are now probably trading insolvent. I believe that is an offence to trade knowingly insolvent.

I think I can hear the fat lady in the near distance. The doppler effect is getting louder by the minute.

Again correct me if I'm wrong, I would like to hear your opinions.

Sentiment:   banging head on wall. sell: if I only could !!!!

Position:      head against wall hoping that eventually it won't hurt any more.