Poor capital management IMO to be raising cash at the lows. I'd also like to see how much cash they have burnt out of the $11M raised last year. Perhaps it is for an acquisition? If it's not and it's just that they are running low on working capital, then one has to wonder about the sustainability of the business model.
Cannacord Update, page-15
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Mkt cap ! $49.86M | |||
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