Can this Company go anywhere, page-4

Not to be rude, but you clearly don't seem to know much about your "investment" from what you've written.

"and if they could even be a major player disrupting markets"

That's not one of their stated goals.

"and raise more cash rinse and repeat keeping the directors in a job but no decent share holder returns."

If you check the latest 4C, you'd see they have plenty of cash to keep going and will not be raising money any time soon. Infact theyll probably be cash flow positive this qtr.