Cap raising next quarter when Moti runs out of play money. LOL!...

Cap raising next quarter when Moti runs out of play money. LOL!

Lol, you sound like a disgruntled ex-holder aaronaaron. The company has just raised $3.8m. So cash as at 30/09/17 was $1.176 with expected outflows to 31/12/17 being $664k.

So if we are being reasonable, and most importantly honest, the cash position of the company should at least be ~$4m right now. I'm not entirely sure how Moti runs out of play money to ensure another raise by June 30. Maybe you can enlighten me?

So from today we learn that:

Already they have initialized contact with several major companies in China that will be a major part of our commercialization process. Discussions have already begun by CisticPoly together with Dotz Nano, with several 1st tier and major companies in the Chinese business environment, such as Sinofaith, Sinochem and Sinopec. I cannot categorically state whether these negotiations will develop into sales agreements, but in my opinion, we are implementing every effort in order to succeed.

Just for reference:

http://en.sinofaith-ip.com/about_us.aspx
http://www.sinochem.com/en/1250.html
http://www.sinopecgroup.com/group/en/companyprofile/

We already know that:

It (DTZ) is in advanced negotiations with a major Chinese optoelectronics manufacturer for a significant and potentially controlling investment into one of the Issuer’s subsidiaries for utilisation of its GQD technology. The negotiations are incomplete and confidential and there can be no certainty that any agreement will be reached, or that any investment or transaction will eventuate. If such a transaction did eventuate it will subject to receipt of any relevant approvals, including shareholder approval (if required). The Issuer will make a further announcement in the event the negotiations complete and an agreement is executed.

So lots of possibilities. Given the option component of the agreement I would speculate that there is a real possibility that Poly Capital may end up as a substantial holder. If they are willing to take options at $0.50 they should also be interested in taking a stake with the share price currently trading where it is. We'll see what happens but certainly a very positive start to the year.