how long?, page-38

Personally speaking I cannot understand why the company didn't take the opportunity to raise funds when the SP hit 1 cent and above.For the life of me I have racked my brain to try and work out their reasoning at the time and why they haven't made use of subsequent spikes to raise funds.I can only concur that they are indeed seeking a "left field" solution.If so why don't they inform shareholders if they have pulled a rabbit out of the proverbial "hat"? One might reasonably conclude that they as yet haven't found the rabbit but are still looking.