in my post I merely pointed out a significant amount of funds that will most likely be added to EOF going forward. All added together there will be close on $20m to set against any future losses should they happen. One must also take into account the $1.46m spent this past quarter on research and development, which is an amount that far exceeds more than 50% of last years total expenditure on Research and Development ($2.14m). I am guessing the funds channeled into R & D this current quarter will be significantly less. My own thoughts are that all this should be taken into consideration on whether or not a near future capital raise will be required.
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in my post I merely pointed out a significant amount of funds...
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Mkt cap ! $13.63M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 131185 | 3.8¢ |
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Price($) | Vol. | No. |
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4.0¢ | 37392 | 3 |
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No. | Vol. | Price($) |
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1 | 131185 | 0.038 |
1 | 1500 | 0.034 |
2 | 20777 | 0.033 |
1 | 16800 | 0.030 |
1 | 5428 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 37392 | 3 |
0.045 | 129829 | 1 |
0.046 | 150000 | 1 |
0.049 | 5000 | 1 |
0.050 | 233800 | 8 |
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