Romann I tend to rely on the written rather than the verbal. What i can see is a letter to shareholders saying that debt has been reduced by some $6m since December 2015 and that includes the amounts satisfied by issue of shares. Apart from this debt reduction, what else has changed since December 2015 insofar as the operating expenses and balance sheet is concerned.
I am going to hazard a guess and say that very little, I haven't seen anything that said overheads have been reduced or debt has been extinguished...what have you seen or read that suggests otherwise?
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Romann I tend to rely on the written rather than the verbal....
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