My interpretation was that the "exciting developments" statement was referring to the 5 million, but how "exciting" can raising funds be?
As far as GFC 2 is concerned, this is my biggest fear with respect to MIK. That is, how much more difficult or expensive might it be to raise that funding under this emerging scenario. Hopefully all just a storm in a teacup, or we get the funding deal done real quick. It is the last thing that could possibly trip us up.
But like others on this list, I'm really encouraged by the trend in the MIK market, with decent volumes being traded.
MIK Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held