Malcolm King stepping down with no result is not a good sign at all. You can sugar coat it and say maybe he had a jigsaw he really wanted to work on but I don't see someone leaving without a result if they have confidence in the company. Just would not make sense.
Capital raising at this level going to add significant dilution even for a small amount of cash. Hard to see any positives coming in the near future. Had such high hopes for Judith. Now they are just going to limp along for another while and collect a salary.
Very disappointing that they weren't able to execute.
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