So it looks like they didn't actually raise $1.4Million in the recent cap raise at all, some of that 1.4mill was merely swapping existing director debt for equity, so how much actual $$$ do they have in the bank? More smoke and mirrors, every announcement this company makes is vague and always raises more questions than answers. So much for McNally being the shareholders rep on the board, he has done nothing to improve this companies performance, prospects or governance.
AUL Price at posting:
23.5¢ Sentiment: None Disclosure: Not Held