They've got 6 weeks of operating capital left... after a capital...

They've got 6 weeks of operating capital left... after a capital raising!

My favourite snips;

"The increase in cash receipts reflects NZCS’s success in the ongoing
implementation of the Company’s revised strategy of focusing on new international
markets to reduce reliance on China and Daigou networks." - this is where the unicorn comes in to play.

"The Company’s marine collagen product is anticipated to have multiple unique
selling propositions upon the ultimate commercialisation of the product, including
that it is organic" - ah yes, if it wasn't organic, anybody could find it at the end of the rainbow.

"Appointment of Bruce Whall as Chief Financial Officer, bringing significant
experience with over 40 years’ experience" - My word, experience..... with over 40 years experience added.... another burden in the boardroom.

"Internal review of operating structure, having identified cost saving opportunities
that utilise external expertise when required has resulted in changes in finance and
product development functions, with seamless implementation and results to date"- which were ????

"The Company is currently in the process of undertaking due diligence on an
Australian based seafood wholesale exporter (Target) in respect of a potential
acquisition transaction. While the due diligence is being undertaken with the with
the co-operation of the Target, there is no executed agreement in respect of the
transaction and negotiations between the parties remain incomplete. The Company
will update the market upon any binding acquisition agreement being executed." - how many times were a 'potential' customer highlighted previously, none of which came to fruition.

Folding of this pig is imminent. It you believe otherwise, give Winton a call, he'll need some more spin shortly.