it is worth noting at this point these guys haven't raised cash below 1c as yet.
The last time it was trading at 0.008-0.009 a couple of months ago they raised cash at 1c.
Then last week somehow they cashed in some of the bond at 1.3c when it was trading at 0.009c.
The majority of sales at 0.009c are the people buying at 0.008c for a bit of trading money. Nothing wrong with that.
But with this mgmt who knows what they will do. Certainly delivering a working powerbox seems beyond then at this point.
some info, page-19
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