guy from the chip shop, page-3

well, the monthly update is out and alas, nothing has happened. WHO WOULD HAVE THUNK IT?

I must admit, I have become a fan of the idiot writing the announcements these days, citing that nothing material is happening.

Hard for something material to occur when the business is worth nothing!!!!!!!!!!!!!

Maybe how they are funding operations might be of interest to everyone, ie: how they can continue to meet debts, considering the last cash balance we have seen. It might not be material to a business worth nothing, but it is still a directors responsibility not to run an insolvent entity! And if Cao is stumping up cash to keep it operating, how much and when and on what terms............This was Cao's ship and it has sunk, but ASIC were the ones who have failed the numerous madday calls that have been made!