Ann: New Investor Presentation and Rights Issue Update, page-6

33 percent of the funds will be used to keep the lights on......
have a read of the raise it shows where the allocation of funds will be.
They have found a product that works, and they are in market. The only way they can get traction is selling to for 60k. Which is fine if they get 50 plus deals. But as we know they scrap a few deals a Q at best, use the funds and you have to participate not to get diluted....

We know that's not possible, unless they sign a big partnership deal. One to many or get a patent win.

We know they will need more raises, likely. Will they hit a point of this new product offering where they can scale fast?

That is what we are all hoping for, but if you participate in the raise you realistically doing it with a lense that you need to do it again in 6-9 months..... We are talking a 600 M SOI roughly for an organisation getting about 800k revenue let's call it annual recurring revenue losing probably 3.5-4 M a year now.

I dunno what's going to happen. But they seem to have found a problem that needs solving. Realistically we have all just invested too early. Im holding on. But still weighing up the raise.