4.65m subscription agreement $11.9m secured de, page-9

I like it. Dilution was always going to be a problem, but at least this way it is "minimised." Could be a heck of a lot worse.

So now, with $3 million in the bank, and management used to operating on the smell of an oily rag, surely we are in as good a position as we've ever been to become a full-fledged member of the Defence Industry club? Would've thought that anyone we are dealing with, but especially the likes of Colt, would not commit to anything unless and until the financials were resolved to a high degree of certainty. Seems to me this funding agreement achieves just that.

Now we wait for news - from what they said, MAUL appears to be the immediate focus. And that means Colt.

I also notice they said "non-lethal weapon AND ammunition production."

Time for a kiss-and-tell, Lee!