Ann: $12m Institutional Placement and Announcement of $3m SPP, page-3

And there it is(snippet below) we actually need balnce sheet strength for military and bedding due to large volumes as was espoused by various posters on here through the halt . Great announcement I IMO

Commenting on the equity raising and the opportunities ahead for Alexium, Managing Director, Dr. Dirk Van
Hyning stated that “while we have sufficient working capital available for ongoing business and have moved to
higher margin business generating cash flow, we now have three drivers of high volume new business in the
short term. One driver is the recent CPSC decision. In addition, the potential for significant orders of Alexiflam®
FR for military applications and for Alexicool™ for use in bedding, both of which require Alexium to demonstrate
balance sheet financial strength as part of customer financial audits as a precursor to long term large volume
orders