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convertible notes, page-6

  1. TTH
    1,255 Posts.
    Malanno,

    I understood Digiacomo's use of the swimming analogy, but I'm not sure that I completely understand yours.

    When you say:
    'therefore "floation" devices will need to be used'

    Do mean:
    1. that positive news (other than break-even) will be required to boost the SP
    2. that there might be the need for another capital raising
    3. other

    If it's #1, I fully agree ... earnings positive is important, but it's not the only show in town.

    If it's #2, then I disagree or at least hope not. Management are not expecting to have to go to the market again (ever). With revenue progressively escalating from here, there should be reduced monthly losses and hopefully plenty of money in the bank.

    If otherwise, please explain further.

    Cheers.
 
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