debt free no more.

Less than a year ago, on 23rd November, our company boasted that they were now debt free.

http://hotcopper.com.au/announcements.asp?id=369007

The full year results, to 30th June, now show debt of over $1.3m. All accumulated in only 7 months.

But we have deals of over $4m, bringing in not a single cent and over $1m still due by what would appear to be an officer of the company, Goh. (Where is this money in the results?)

And no explanation of why or what is being done? Please John, explain to us what is going on so we can feel comfortable with our investment!