Ann: Request for Extension of Voluntary Suspension, page-11

I believe it will be a cash raise as originally planned for c400k and then a convertible loan note.

Everyone talks about $2m, but if there is an element of cost cutting and the financials show they don't need that much to achieve their goal of break even.

If correct and it is a convertible note, then the dilution will not be as bad as everyone is fearing.

In terms of deals, personally doubt anything will be announced, but hope i am wrong.

More importantly the capital enables them to focus on growing the business for the next year or so rather than cash raising every two months. This can only be good news