So Doz, we know Norwood have no cash, they raised this time last month and got $200k. Their cash burn is about $700k (allowing about $100k in receipts) a quarter. Meaning they will have spent everything they were given and they are back to no cash.
The 14 day trials are still ongoing and downloads have been at best, okay. With PlayStore at 500+ still, let's say 1000 downloads there and another 1000 on the AppStore were not talking more than $10-20k in sales to their cash balance are we?
So Norwood have to raise again. The price currently it's 3.4c.
Are you suggesting Norwood can raise at a premium to their current price? 4c+ again?
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