You can always raise further capital
For what purpose?
Millions has been be burned for a number of years with zero results.
If further capital is to:
- promote an unproven product
- roadshow an unwanted product
- attend international expos to promote a conceptual product
- pay remuneration packages that don't match performance
- reduce the Govt R&D rebate bucket for legitimate businesses
- siphon monies to friends and family
- invest in illiquid and highly speculative ASX stocks
- prop up businesses weeks from administration
- perform due diligence on scam inventions
..... then the market has already seen this play out and the new/old Management team should shake the ATOs hand and return the ticker code.
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- Courier Mail Article
Courier Mail Article, page-9
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