RE:Management Shares/OptionsThe “going concern” statement on the NRs is just typical Boiler Plate that all company’s without Profits, have on their NRs.
This is not on the NR but on the financial statements! Are you saying that you should trust the Power point presentation from management over the accountant that Avivagen has to pay (obliged legally) to produce their FS.
All i know is that they need to sell 110 Tones of their so called disruptive product to brake even each year they are alive.... and they have not sold 20 tones in the last 10 years....
based on their stated contracts this year, they will sell about 10 tones , therefore will need to raise more capital , dilute the shareholders again, in Q4/18, if they are to be a going concern!
So far management has delivered bogus.... and they have no skin in the game. none of them has put their own savings into the co.
Why should you trust these guys with their empty promises ?