Sadly I suspect you may be proven right, Roar.Since most of the...

Sadly I suspect you may be proven right, Roar.

Since most of the capital raise has already been spoken for (tax, loans, creditors), then if Dubber wants to keep going it will need to do another one almost immediately... no? It's not THAT close to profitability, is it?

It's a shame, but - given McGovern's alleged history - I will be amazed if this turns out to be an otherwise well-run business. To think he only committed this one (huge!) transgression and happened to get caught first-time... it's hard to believe.

I see the UK staff dipped in for $40k collectively. Given that's where most of the engineers work, and they will earn very healthy salaries, it doesn't seem like such a vote of confidence. Another warning sign from the engine room?

I get the feeling there is a lot more left to come on this story.