...I will EXPLAIN Greb...."""""Material uncertainty regarding...

...I will EXPLAIN Greb....
"""""Material uncertainty regarding continuation as a going concern....."""""
"""""Without qualification to the opinion expressed above, we draw attention to the following matters. For the year ended 30 June 2011 the Group incurred a loss of $3.6 million and had operating cash outflows of $2.0 million.
As a result of the uncertainties set out in note 2(e) to the financial statements, including the Group’s ability to raise equity and / or debt, there is material uncertainty which may cast doubt on the Group’s ability to continue as a going concern and therefore its ability to realise its assets and discharge its liabilities in the normal course of business at the amounts recognised in the financial statements"""".

If thats not enough UXA have a fully drawn down facility of $2,145,000 and now that are adding more debt to the group via the LaJollaCove facility.....
....RB