The only thing I have to admit here is, why put financial pressure on when it can be resolved. If Fred was getting ready to raise after a very positive annoucement, he would be out there presenting to the public, discussing enhancements etc etc getting the share price up but he is not. No news otehr than required offical ASX info.
So eitehr he has done a deal with Earth Mountain to fund the first product or he has this from a potential first cutsomer.
The reason i say this, given we are sitting at $18 and a previous high of $32 odd, even if great news came out that they are producing or have a first customer, is the share price really going to bounce to $50+ a stock?
I just dont know why he doesn't raise $10-$15m and take the financial pressure off
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