Everyone has their own opinion but mine is most of you are failing to see the Forrest from the Trees with this one
The most important part of that quarterly was this
"estimated run rate revenues increasing to $8m with clients announced as signed in July, 2015 "
The company has an operational burn of around $10m a year with estimated future annual revenues of $8m pa they are very close already to being cash flow neutral which will be a very very big turning point for the company
This next material contract might even get them there in which case this proposed $6m capital raising may well be its last
NWZ Price at posting:
6.7¢ Sentiment: None Disclosure: Held