Some ramblings while watching the footy …FDA clearance & proof...

Some ramblings while watching the footy …
FDA clearance & proof of demand .
After that, ensuring we have the capital to facilitate the growth.
An order for 100k units would cost about $5M to Andon. We don’t want to be held back due to capital! Hence the US Raise, I reckon $20M USD. And yes, the FDA clearance for Pulse has probably just guaranteed the funding. At what price. Worst case .30c ? 20:1 $6 US stock price. Timing of FDA has probably just guaranteed that, unless Craig can pull a rabbit out of the hat ( major deal ). So we end up with another 100m shares issued ( equivalent), total SOI roughly 250m. With Pulse market success and Band in market my bottom up numbers had MC of $1.25B. $5 a share,
The raise is a very necessary “evil”. All moving ahead as planned .


Have a great weekend all.