todays announcement, page-15

I think $1.3 million cash at hand, and growing sales put them in a position to wait a good while longer. Clearly we havn't been given the full story by Palermo about what the advertising blitz is costing.

NB had the heads up on a capital rasing, so safe to assume plenty of others (in the WA club) knew.

At 0.2 cents with a 50% step down to 0.1 cents. This is the worst possible place to do a raising. And anyway what is an extra $800k afer costs going to achieve that $1.3 million in the bank can't at the moment. this is now a shell company.