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Powerhouse running low on cash

Going concern status reliant on asset sales.

Tim Hunter Mon, 09 Sep 2019

ASX-listed tech incubator Powerhouse Ventures insists it has a future despite filing financial statements showing it is desperately short of cash and can’t pay its debts on time.

The New Zealand company, which receives government grant funding to support its operations, reported a negative

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Contact the Writer: thunter@nbr.co.nz
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Powerhouse running low on cash
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