I have been a shareholder since 2017 - i have not posted since...

I have been a shareholder since 2017 - i have not posted since the flurry of announcements As i felt just best to take all the information and let it digest .

I had recently bought more at over $7 so on in that regard on face value the $5 capital raise is not that appealing as of today

In the bigger picture of progressing and accelerating the business for the betterment of all shareholders , i think the board have certainly done the right thing in raising the $ 55 million dollars , which i think will return significant value to all shareholders substantially over the coming months , years , decades .

Raising money and the parameters around it especially in this financial environment is only going to become more difficult towards the back end of 2023 .

The board has not shied away from the fact that a Capital raise was to be required in the future
most likely before the end of 2023 , would i have rather it played out differently - absolutely

Possibly all going well and a couple of announcements we could have perhaps continued on a slight uptrend in share price for the remainder of the year only to be in a position that required money to be raised - and with the discount applied back down in price to the CR level .

This way i feel we will end up at the same position but with 6 months further advanced progress , partners and hopefully a number of triangles of partnerships signed and sealed , and also no capital raise news pending holding us back .

I honestly feel Coby and Dadi and all the team have the long term goals of the company at the the forefront and with the money obviously required now , im more than happy to let them bring that to fruition .