remirez....dont be silly this company cannot front up to a bank for a loan/debt. There is little revenue and a $$10m pa cash burn they could fund a loan.
Personally they should lower their costs until they have higher and sustainable revenue to warrant appropriate remuneration packages.
I despise Lekkas using the current cash to buy revenues via business (such as Codium) which are off target or unnecessary at this stage. Focus on ADRC.
With 1.9bn shares on issue is it really necessary to dilute more at this stage given $9m in bank
Ann: Trading Halt, page-115
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