RLG 0.00% 0.5¢ roolife group ltd

Ann: Agreement with China E-Commerce Company, page-4

  1. 342 Posts.
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    Unfortunately if you can't generate your own cash to keep your bank balance positive, then in these markets you need to get a little inventive. Agree, the dilution is painful, but the alternative would be to raise funds at a discount, right? I'm no genius, but the alternative sounds less appealing to me.

    What we need is profitable growth. It's been promised for a few years and has just not come through. We've been going sideways, not forward. We really need one of these partnerships to materialize into something meaningful because as far as I can tell, they come and go without much growth in the company and leave us in a position where we need to restart rather than build.

    GLTAH.
 
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