The clock is ticking faster now with the cash burn giving management only the next quarter to come up with something. Or the next quarterly report will leave them with less than 2 quarters of funding and they will have to announce to the market how they intend to fund the company.
Any CR will mean another massive dilution. Tick tock tick tock tick tock.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-13
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