Company Announcement 31/7/2018 “Given the Company’s current cash...

Company Announcement 31/7/2018

“Given the Company’s current cash position, the Company has been holding discussions during the quarter with regard to future funding options, and confirms that these discussions are now at an advanced stage and will be announced once finalised.”

If this is no longer the case, it would be material information that would need to be announced to the market. Evidently there is more concern about our inability to secure funding rather than us being described as a going concern.

Given the history of how this company makes announcements, don’t you think we would have received a market update if we’ve banked or billed significant revenue?

We had 442k in the bank come June 30 and heard nothing since.