EXT 12.5% 0.9¢ excite technology services ltd

Ann: Placement Raises $1 Million, page-9

  1. 5,017 Posts.
    lightbulb Created with Sketch. 929
    Ahaha yes point taken but my main beef is the vagueness around the purpose of the money. No mention of paying the Excite payment or director loan. Just vague working capital etc.
    Does this mean keeping the lights on? Couldn't we have waited a bit to raise seeing we were on an upward trajectory?
 
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