Broker Data, page-35

A re financing deal in this global market is not as easy as many here have excepted it would have been done and dusted prior to 31st March 2016

IMO,
The longer it takes the more uncertainty the market will have in CM8 business model at this point in time ( only a few months since Track Acqusition )

Any major bank or institution will focus on the full financials of CM8 - espcecially the profit and loss statement ( marketing,advertsiing and employee costs etc... going forward )

Any institution will still see CM8 as a very small cap still in the very early stages of growth and expansion - hence re fiancing at market rates will be a high risk

This is my opinion only not advice