Folding or unfolding?, page-12

I am struggling to see where this is going.
Cash burn rate is scary, versus revenue.
App on the phone still has rough edges that need sorting.
An aging tablet with a life of another 2-3 years, that doesn't always scan that well.
The rewardle tablet also sits in your number 1 cash generating location the front counter. That's rule one of retail broken, maximising your retail space..
Unfortunately there are already smarter, better technologies out there, but don't have the penetration yet, that rewardle has.
Advertising revenue clearly has been challenging too.
Marketing companies and media aggregators should be their main source of income rather than selling advertising direct.
Share price has dropped considerably in recent times which can be a sign that sophisticated investors have the cap raising proposal in front of them..
Ie something like we wish to raise $2M at 80% VWAP.... plus free option...

So what ends up happening, if you are a sophisticated investor.
You sell your shares before the cap raising, you use the cash to buy them back at a 20% discount.
The share price however could be smashed before the cap raising. Is that why the share price is now 1.4c?

I think the company looks like a dead duck.. maybe one more cap raising left in it?

The writing I feel is on the wall.
Will it be next week or next year is the bigger question.