Ann: Spenda & Capricorn extend their relationship into eCommerce, page-117

People can debate the merits of the announcement but the problem is that it seems quite clear that any reward associated to this relationship, besides $300k, will only materialise "later". And in the meantime, the runway is getting shorter and shorter. I have been banging on about this for some time. Anybody who looks at the financials seriously will understand they urgently need cash to survive. and it is not coming from revenues unless some material change happens. Now, not in 6-12-24 months. Which means that a CR is needed urgently, and that it is very unlikely it is going to be at a price greater than $0.01. And look, this would still be much better than continuing to gamble and be faced with a much more terminal outcome. I think the financials have been mismanaged for quite some time, but better wake up now than never. At least the confirmation of the relationship with Capricorn may support a long term investment from our next big shareholder. Hopefully one that will indeed invest for the long term (this time...).