I cannot imagine they would need a great deal of working capital during sales of the sensor at say $140. Cash sales via internet and manufacturer to be paid with 30-60 days delay I would imagine. In relation to marketing, social media reliance has been the strategy not much cost there IMO. Furthermore the jacking up is very flexible as was mentioned in last announcement. IMO they may only need to raise $1-$3m. Organic growth after that. Hardly any dilution expected and funds will quickly be raised IMO.
ISN Price at posting:
36.0¢ Sentiment: ST Buy Disclosure: Held