financials

Hi guys, i was having a quick look over this one as it sounded interesting.

I am new to this, and perhaps i am on the wrong track, but the last quaterly didnt look too pretty to me.

If you exclude the share raising in the last quater, the company wouldnt have had sufficent capital to carry on. As it is they dont look to have operating or finacing cash flows to carry forward more than a further two quarters unless one increase substantially, or they do another capital raising.

I would appreciate any thoughts on this, and as i said they are the observations of a newbie only.