It's obvious the company is in desperation of cas and need more to survive. The current av cash burn rate is about $8M a year.
Whether we like it or not 20.2M GEM's equity line of credit is the current steady source of funding for the company to stay solvent, until better sources of funding are found.
For this facility to work, the company needs liquid trading (more buyers) at a reasonable SP. So guys, whingeing with no constructive actions will not help your company at all at this stage.
I guess either you prepare to wind up the coy now or just put up and shut up...:) Cheers all..
It's obvious the company is in desperation of cas and need more...
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