The fact that they are forecasting a 7 million dollar September quarter would indicate that the phase 3 will not be starting until at least October.
If the pase 3 does start in October and no deal has been done, then expect a CR the day after phase 3 approval.
This is time for Paul to make good on his promises of deals, if he cant then I dont know how they are expect to fund the phase III.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-21
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Mkt cap ! $78.73M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 22.0¢ | $34.69K | 154.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28174 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 25000 | 1 |
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