Yes due to no gov grant in the next quarter the annual Loss is...

Yes due to no gov grant in the next quarter the annual Loss is likely to ballon to -$1 million up from - $405,000 so far this year . Hence the need to raise capital. So at the end of the next quarter they will have eaten up the raise money . The declared profit is unsustainable without another gov grant . Seems to me it's back to a sell not hold or buy. Given volatility globally in U.S. Stock markets another 3 after shocks may plummet this stock back to 2.7 cents unless they're is a takeover or share buyback