Quote mole rat="mole rat"He has stated we're running at a loss of 400k per year that's 1.2 million of debt in the 3 years. At least now we've got someone in charge that knows his figures.'"
No he didn't. He has stated we are £400K under capitalised at this moment.
£400K balances the books immediately, but clearly the income and expenditure balance needs changing in the future.
Not sure where £400K will come from though...