There are no numbers to this. I saw the Hartley's email that suggests, that D13 will simply be undertaking work with them. Is this at D13 expense? Will they be paid for the work and if so, then shouldn't it be clear that D13 won't be out of pocket.
This is the second raise in a short period of time, and although I still hold and intend to, its not very adequate that they have blown through the money so quick. I expect that costs need to increase to build a business but no matter how you sell it, its two very close raises back to back. I see this as a release to build up the share price ready for a CR.
Again, no attacks please as Im still a holder, but lets look at the practically. They have announced a 5 year contract to undertake work with another group, that shows no value.
A silly release really, and something that might have been better of, once they received a check.
Still have my fingers crossed, and yes there is a major seller - why ?
D13 Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
