Ann: ARMA Earnout Consideration, page-6

Thanks Rikardo. I have been a long term holder so patience is not relevant here. I am also a big believer in their product but they need to get going. However the market is losing faith in this board and management team.
The market is the market is a bit naive as the real issue here is the market thinks they may have to do another capital raising. The reason? They are paying out a good portion of the last capital raising cash to two individuals. This cash was supposed to propel them forward. Need to look at the disclosures at the time but I missed that they were going to use the proceeds for the earn out.