I don't think your title is correct, given they have been...

I don't think your title is correct, given they have been cashflow positive for the last two quarters and two million in the bank. If they stopped their r&d for one quarter they could put away a fair lump of cash. Plus i'd has it a guess that they are running with an operating profit.

Don't listen to what Tahed says he's only ever posted on the HYO thread and very negatively he's possibely someone who has had a negative association with the company.

All you need to do is look at the facts, the next quarterly will tell the story.

Oh and the ATO is unlikely to close the company down for their $10mill. just imagine the publicity.

And Tahed, if you think ASIC should investigate this company please put your case together and present it to them so it can get under way, otherwise try to post something that is factual and informative be it positive or negative.