'Cash flow negative for some time', says the Chairman

I would think that the high potential of another capital raising would hold back the share price. The last capital raising stung shareholders hard with a big discount to the share price and a dilution of capital. It is all well and good to keep spending money (the company is >10 years old) shareholders need to make money too! Get cash flow positive and then finance R & D etc through a loan, thus not diluting our shareholder capital. The 'cash flow negative for some time' comment is too 'airy fairy'.

Just my thoughts. DYOR. I love the product and want to see shareholders succeed, after all we own it!