First time poster here. Happy to lose my posting virginity to Dragontail Systems!
So far, I've had a look through the systems, website and potential prospects and must say that does excite me. One thing however, that may or may not have been covered here (and if it has, pardon my ignorance) is the cash burn. Don't get me wrong, R&D on a micro cap excites me but it seems that at the rate they are going, they might be required to take up a capital raising round (potentially either an equity raise or perhaps a convertible note) which could be very dilutive.
What are everyone's thoughts on the likelihood of this happening? Assuming a most conservative case whereby the cashburn in 2018 is the same in 2019 (I note that there is probably some uplift in the additional stores which have been established) but it would seem that in the short term, a capital raise is almost necessary.
First time poster here. Happy to lose my posting virginity to...
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