Yes, this is certainly not new information - which is why, somehow, I was expecting or hoping them to put out a statement regarding the funding past the $18m they have.
They know this is their main issue, they know the market is still wondering how they will make it past the $18m, and it is a bit disappointing that they haven't touched on it, even at a high level.
But remaining reasonably optimistic, I will quote fatties posting and hope that "their silence is due to confidentiality agreements".
AVX Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
