I haven’t posted before but i thankfully sold out when they...

I haven’t posted before but i thankfully sold out when they announced the intention to consolidate albeit at a significant loss.

There’s not one part of the quarterly that suggests that this company is a serious chance of going into administration. Given the lack of liquidity and interest, what would be the best scenario for a capital raise?

I can’t see how it wouldn’t have to be priced in single digits and then what sum of money could they raise? Maybe a million? That’s not going to go far with their cash burn.

Total disaster.