Ann: Quarterly Report & 4C, page-17

You have to spend money to make money!
And a lot of their money will be going to marketing... because that is how you get a foot in the door in a country that is just starting to get into wine.
A capital raise was always on the table IMO was just a matter of time.
They are burning through cash but for the last 2Q their profits have been growing and hopefully the next Q will show more growth. It would be nice to see the profits outweigh the spending before they do run out of money. And then a capital raise will not be necessary. we will see