The company has $6mil and has costs well under control. It is...

The company has $6mil and has costs well under control. It is very easy to conclude that a capital raising is not required this year. You very rarely see specific announcement to this affect but it will be confirmed during the roadshow anyway.

Beyond the obvious restrictions (excuses?) of confidentiality, I firmly believe management can be too close to issues and struggle to see things from an outsider shareholder perspective. I will play my role as a shareholder and will continue to be constructive and provide this perspective. If I didn't believe I could provide anything useful I just wouldn't bother.

For various reasons, the company lost the initiative after a big build up to the last major announcements. They need to re-establish the momentum and show initiative leading into and after the upcoming roadshow.