We have over $2.5M in the bank. I think over $5M is too much to raise at this point with a $2M BFS and perhaps another $1M spend over the next 12 months. A small raising circa $3-4M will be plenty for quite some time while minimising dilution. Any more is lazy and sends quite the wrong message, not that the wrong message hasn't been sent already.
goodluck
Add to My Watchlist
What is My Watchlist?