Well, they have around 5mill in the bank left, with EAP customers paying for access for the chip and full engineering team availability, although the amount was not disclosed... I would assume that LDN and the board know how much money they to run the company and commercialise the AKIDA 1000 until revenues are expected some time 2021!
Government subsidies are still coming in from Australia, France and the US, so lets just say they would have enough money to run the company and earn revenue for the next 6months!
The "30Mill" needed to produce the AKIDA is there and if they needed more im sure LDN would have arranged a larger deal with LDA capital!
This is just my own opinion, time will only tell who is right and who is wrong!
Well, they have around 5mill in the bank left, with EAP...
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