Unfortunately the terrible cash burn and director loans with interest(!) make this one to stay away from. What makes it worse IMHO is that they raised $10m back at IPO in March last yeat and have already spent circa. $7.5m..!! wow... It will be very hard for them to raise cash I would think...
There's not a lot of companys out there that let themselves get to under x2 quarters of cash remaining...
GLTA
