Ann: Michael Malone Appointed as Non-Executive Chairman, page-122

The reason why I say fund will be before the end of the year is when I spoke to management last month I mentioned can we get funding the answer was yes we will get funding that's not an issue something along them lines also I mentioned will we ge it before end of the year answer was yes then I asked befor November ends,
answer possibly first we will bring in new directors and they will bring and secure the funding.
Also they will not do it in stages because they need enough money so globalsat can start the production line fully
They can't stop start production this is why 50,000,000 is needed and I think we will get it in one go.
Now if I have been misled then I don't know yet but it makes sense to me.
Also 2 others I know have been also told the same or very similar things.
I know I'm just a guy on a forum but once this gets to 50c I'll be more than a guy on a forum I'm sure you will call me your friend