I guess the main question should be if they have $7.4 Mill in the bank why did they even need the raise at all? Seem crazy to dilute holders at all time lows when they have plenty of cash in the bank. Should have just continued to tighten purse strings and let the food business become profitable and they would have been able to raise at a much better price.
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Ann: Quarterly Activities and Cashflow Report, page-7
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