cash, page-21

BLR have a 3.5 million debt facility with 3 million of that used up.
They had 445k left in kitty end of January that will be gone by now.
They have 1.7 billion shares on issue and rising.
They have another convertable note which should ensure huge further dilution to shareholders at this price.

I consider this a short term sell imo, as i can see nothing going for the company with all that debt, and no cashflow, this one could easily deisappear hence the aggressive selling to get out.
IMO