Some detail on how much, and what they need the dough for, will be very useful in order to determine the impact here.
Hopefully it is to get manufacturing ramped up, establish the distribution network and build partnership/collaboration deals for endorsement and marketing/sales activities.
We shouldn't have to wait long for the detail, which fingers crossed, clearly states the above in the cap raising statement, so we all get encouragement that revenue will follow soon after.
We don't need anything that states broadly that the raising for; operational, development and/or other similar non-specific "strategic activities".
GLTA
Cabe
RSH Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
