Unlikely to hear any news for the next 3 months until the quarterly. Easier to just trade elsewhere and buy back in right at the end of October before the announcement. Company still posting substantial losses in its so called "breakout year". The so called debt raising will only be used to fund the on going costs, just like when the CR was supposed to fund multiple different aspects of the business going forward. All it funded was keeping the lights on. Q3 has to show breakeven or better or I truly believe the company will never reach profitability. Another 200-300k loss will hammer whatever wealth people have left in this dog.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7
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