Ann: Trading Halt, page-23

They did say something exactly like that. It was Henry who said it, on the webcast from the 30 April 2019.

https://edge.media-server.com/mmc/go/fluence-corp-19q1 (skip to 13mins20secs)

After pointing out that we still had $48m to draw on from the Generate Capital $50m facility for recurring revenue projects, Henry reiterates that we have sufficient cash to fund to positive cashflow in Q4, however if we experienced "stronger than expected demand" and required "additional growth capital" to fund it, a raise may be required but that it would be one which would be viewed positively.

I'm not saying I blindly trust them (been there, got singed), but this is what they said. The devil will be in the detail. What's it for, who's it to, what's the price.