there is no chance this amount will be all that they need for break-even, let alone cashflow positive, as they announced.
They blow money on all sorts, including un-budgeted investing into random companies.
And this is after they announce what they intend on spending the money on.
But clearly there are people that still believe in them.
They will just keep raising capital i guess, no matter what the sp is.
Ann: Pentanet secures binding commitments to raise $6.1 million, page-5
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