RE: No Cash no business.23 Apr 2025 14:53
The Company has a 'grace' period to settle its payment obligations by the end of April 2025
Shareholders should note that the number of shares that could be issued under the proposed additional share authorities may result in significant dilution of the existing issued share capital. However, the Board is actively engaged in discussions regarding various fundraising opportunities, and the approval of the disapplication of pre-emption rights is the critical component in enabling the Company to continue its operation.
if no placing in about few weeks the ceo will let us know that is folding the company