Questions need to be asked of Zhang and exactly what his plan is...

Questions need to be asked of Zhang and exactly what his plan is now for the NXR after the failure of the most recent capital injection in January from the Chinese investment company. As usual its complete silence from Zhang.

NXR is nearly out of cash and also running out of time before it is permanently delisted by the ASX.

Zhang and the current board have been running the show since December 2015 with basically no plan and unfortunately the lack of a plan to re-listing has resulted in this quiet dire situation and likely permanent capital loss outcome for shareholders.

NXR is a shell with $50k cash and an investment and capitalising loan exposure in Wavefront Tech whose value and future is indeterminable.