Ann: Share Purchase Plan Update, page-2

1. Prospectus promised to spend $6/7M on an HQ and he spent $16M+
2. Built up millions in inventory; created a write-off
3. Paid a multiple of revenue for Texinnovate, then invested millions in capital to enable capacity it didn’t already have AND apparently that capacity isn’t relevant anymore (thus the current capital raise)

4. Long list of hyped partnerships (CVS, Medisca, etc.) that have amounted to very little. Now Under Armour will save the day?
5. Current capital raise is dilutive.

But no matter. It will be ok. No squandering of time or resources here