I agree, it's sounds logical. The issue is they said the same...

I agree, it's sounds logical. The issue is they said the same thing 5 weeks ago when they raised debt of $1 million. At that time they said;

"From Volt’s perspective, it is important to reinforce that this funding solution is an interim measure only to provide sufficient working capital through to the end of 2017. Management will continue to allocate resources prudently and ensure costs are properly aligned with achieving our core objectives."

5 weeks later they are raising money again. So either management is having a problem managing their cash flow or they made a statement that wasn't truly representative of the company's financial position. Either way it's a problem.

And the great king poster @thegoodoil21 also stated that they could have raised more money but didn't need to. Good to see he is still schooling hulahooping flogs like me on math and economics.