My understanding (from an email response to some questions I had asked Vic in May), is that a float is required to provide money for working capital BEFORE large volumes can be produced.
Therefore, without a successful float there will be no large scale production, and without large scale production facilities customers are reluctant to come on board.
Doesn't look to hopeful, despite the announcements
MSC Price at posting:
1.4¢ Sentiment: Sell Disclosure: Not Held