I can not see how on earth they will survive on the newly raised $1.5 million , when they have for the last 4 years been spending over $1 million per year alone. There are IBM and +100 other companies out there selling and implementing WEB-Kiosks and related technology while PIE is still in an embryonic state of development. Every year raising money to pay the wages to MD and for so called R&D. What are they developing? I might as well sell my shares and give the money to World Vision.
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I can not see how on earth they will survive on the newly raised...
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