Latest announcement shows they've just got accces to another $25 million in $5 million lots again. So what, this takes them out till June at best?They need to pull a rabbit out of the hat soon, there's only $15 mil left from the merger/deal after this release so they have to be cash positive by September, or have such an improved share price to do a cap-raise.
Cap-raise will just further dilute our current holdings yet again.
Does anyone know if this company is still operating?, page-21
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