The loan is asset neutral as it increases assets and liabilities.
You would think that wouldn't you, but they burnt the bulk of it and assets now sit at $3.35m less than the year before. and liabilities now exceed assets, declining by some $6.5m I don't disagree with the need to continuously R&D however they need the new finance deal to keep the doors open. Til this deal goes through they are clinging to survival on the seat of their pants IMO.
DTS Price at posting:
10.0¢ Sentiment: None Disclosure: Held
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