News: Rhinomed Limited to increase cash position, page-15

I am happy to offer my $15,000 cap raising shares. Not interested.



History of Capital Raising under our leadership

August 2013

$1m .... 25m shares at 4cents
"To accelerate the launch of the Turbine".

February 2014

$2.5m....60m shares at 4.2cents

This time its "to accelerate the Sumatriptan drug delivery system".

September 2014

$5m...144m shares at 3.5cents

To expand the Turbine program
To launch a new snoring product
To complete clinical trials


So over the past year we have had $8.5m of capital raisings and will have had issued 229m additional shares.

What has RNO got to show to date..... a few thousand units of the Turbine being sold together with many free samples for promotion.

All looking great!!!!