If you look Purely at the 4C you would think a raise is Needed...$678,000 in the Bank....est Outgoings Next Quarter $700,000.......However these Guy's Have a Few Aces 'Up Their Sleeves'....
One is peak period for Game Day Mouth Guards for the AFL and NRL....this alone with the Money in the Bank should get them Thru the Quarter.
Two.... from the Activities Update at Least One Announcement is due Soon,Should this include any Revenue then Cap Raise Unlikely....'Advanced Negotiations with AXIM Biotechnologies'.
Three....'Numerous New Sales Initiatives Versus the Previous Corresponding Period'.....
And the Fourth Ace is the Continued Business advancement with 'Other Partners' (possible one of these might come on board with some cash etc)....
Finally Cost's are Down,Earnings are Up and should continue thru next Qtr Too.....IMO DYOR
There should be some good News Flow Near Term from what is Written in the Activities statement....
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