Is it just me, or has this quote not also been discussed on HC:
"Potential financing: The Company is in advanced negotiations in respect of a potential funding agreement with a United-States based party pursuant to which the investor would subscribe for convertible securities in the Company. The terms of the transaction remain to be finalised, but are currently anticipated to involve funding of up to a maximum aggregate amount of US$10 million. Similarly, the conditions to the transaction remain to be finalised, but will include customary conditions including the receipt of all necessary approvals or consents for the transaction."
So it looks like there will be an additional US$10m coming through soon.
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Ann: CE, FDA and CFDA Approval - Guangzhou Production Facility, page-179
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