Ann: Quarterly Activities and Cashflow Report, page-21

Hi Jonty,
I too am worried about the state of financial affairs. So you do make a good point. The other thing to point out is that the expenditure did start to come down relating to business and production efficiencies. This is a healthy sign be it small. I know that we are still at a point where the company is poised to be lost, should we not get the immediate funding required to continue trading. I guess that would seem like a set up for the sharks to take over if it comes to fruition. On the positive side of things I believe if we get the funding then I have no doubt the future would be good.
Personally I would participate in another raise if called upon. The products are starting to prove their worth, we just need to get past the potential sharks.

Spatch