I think a capital raise is impossible at present. the discount required for the risk would be enormous. the previous investors would be unlikely to go again. looking at track record I doubt they would get a lead partner to take on the raise.
there is no news. as there is no news.
the missed milestones are stacking up.
people keep saying it's under valued. based on what?!! saying they have a huge investment in the website. I call that sunk funds. if it can't be monetised. and let's be clear. it can't. I really think someone will grab the shell flog of the data base (if possible) and take the carry forward losses. guys I am bitter. I took a hair cut. but thankfully not as big as if I sold now.
I keep thinking maybe it will run. that the reason I still follow. but like many. don't see any likleyhood
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