well these for a start.
3 - The company even without completing the deals we are all waiting for believes there is enough cash for 2-3 years based on their target burn rates
4 - Deals are believed to eventuate and generate a commercial impact prior to any need for a cap raise
Summed up by Piechow
"GC as he basically told me no dilution and within weeks made one"
We also had the above confirmed by smilez and mjp2 who said he was told the same thing that morning.
It's too early to tell if these other comments are false or misleading.
1 - The company is targetting a significant positive impact on the balance sheet approximately 1-2M burn per ANNUM. Comparatively this quarter might very well be the last large cash burn quarter.
2 - The improved revenue stream has generated more in thw first month than the last full quarter indicating a positive trend upwarda of income generating activities
Time will tell.
"I refer to a lot of people online by their initials simply out of laziness.."
Sure, on it's own, no big deal, but in context of all other factors, adds to the picture, I believe.
Again time will tell
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