rns within two weeks29 Dec 2014 11:27
the company has 2 weeks to tell us what is going on as they have stated money will run out mid January.
"Taking into account, inter alia, the recent exercise of anti-dilution warrants and subscription, announced on 4 December 2014 and 11 December 2014 respectively, the Board believes that the Company currently only has adequate working capital until around mid-January 2015. The Board has appointed an insolvency practitioner to advise it in respect of the Company's ongoing ability to trade and the potential requirement for the Company to be placed into administration in the near term."