That was from the 30th Sept.
They are still burning 1.3-1.5 a quarter meaning their current debt is probably sitting at around $3,300,000.
This isn't a "raise", it's asking shareholders to pay off their credit card debt before they shut up shop.
Sunk cost fallacy is a real thing though so it wouldn't amaze me if theres still a few shareholders left willing to set their cash on fire.
Ann: Replacement Prospectus, page-20
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