Hi Krusty,Obviously take this with a grain of salt, but based on...

Hi Krusty,

Obviously take this with a grain of salt, but based on the last quarterly they have about 2.5 quarters of funding available. Now that we are in phase 2 of the 3 phase plan where one of the conditions was to diversify the the client base and increase the revenue stream I would think it would depend on the rate the revenue stream increases. If the cash flow coming in can cover the cash going out we may not need a capital raise in the near future.

If there isn't a capital raise before the next quarterly we should get a good idea if one will be required in the near future once that is released. In saying that we could receive a market announcement before then where a capital raising is required in order to help the business in its growth phase. We'll just have to wait and see.

I'd be keen to hear anyone else's thoughts on this. Thanks in advance.