Ann: Completion of $6.3m Placement and Corporate Update, page-11

  1. 204 Posts.
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    They raised just enough to see them through another quarter. With the cost reduction and maybe a small government grant, they could get to another quarter.

    This is a big pivot and admission they were unable to scale this up. Unable to land any US deals or investors. They also were unprepared that CRH Ventures would walk away.

    They're now a technical consultancy with a library of patents that no one has mass manufactured.
 
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