Sorry, but I disagree with your post...
Do you understand the effect that this will have to their quarterly? You get it will be another quarter with a loss and therefore drawing on the cash they have in the bank that has been raised through CR's, not sales.
The reason why they paying various parties for services in the AGM notice makes sense now. They aren't making any money, so are therefore trying to preserver cash by giving away shares in-lieu of payment....
When with the next CR be? End of this year or early next year?
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- Ann: Update on Sales and Distribution Agreements for Natshield
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