Ann: Bluechiip Announces Equity Raising of up to $4.8m, page-26

First time posting on HC. Been in BCT since 2014. I'm a top 20 shareholder only because I've accumulated over many years believing in the tech.

I agree they are in a death spiral and need a cashed up savior (not the existing shareholders) or the Fuji deal to save them. As its been said, why would Fuji do a deal with them now when they are on the verge of folding.

I still believe their tech is the way forward however have come to the conclusion (took 9 years) it will continue to be slow to be taken up because its a nice to have and not a must have, and we don't have a management team that can convince customers otherwise. Even if the current vial tracking is not perfect its industry standard therefore an acceptable risk.

I will only participate in the raising if their is an announcement about a Fuji deal or new customers with guaranteed cash flow.