This does confirm that there are serious 'believers' out there. It is possible that this stock does have great potential and it is only the way they have been going about it that has nearly brought it to its knees.
Does a 'significant customer contract' mean anything - none of the previous ones have so we will have to wait and see. However, completion of the capital raising is significant.
Perhaps they actually do now have a management team and a aboard with the right people to make this get up and run. People do not stump up millions of dollars just to lose it, no matter how much money they have. So, this can only be regarded as a strong positive. Unfortunately it also seems that it might be another 12 months before any semblance of real growth starts to happen.
Given they now have some more cash to keep them going, and supposedly significantly lower costs, 2017 cannot be worse than 2016. IMO.
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