Beginning to sound like this crazy project may be in real trouble. Two and a half years down the line and nothing to show for their efforts. All published deadlines missed. And now having to say that the three remaining stakeholders "have issued letters of comfort that they will continue to fund the company and it will be in a position to continue to meet its obligations as they fall due for the period of at least 12 months from signing the financial statements.” and “Despite this fundamental change to the original business operating model, the directors consider the use of the going concern basis of accounting in the preparation of the financial statements as being appropriate” doesn't inspire a lot of confidence.
This was a daft idea at the outset, a fig leaf to cover the gross incompetence of the Irish Retail banks IT capabilities in the context of SEPA instant. Implementing SEPA instant would have made far more sense for the banks customers.