If, bells, if! So far they have announced nothing. Zero ISPs, and zero resellers (much less quality ones) unless you count Blue River who they appear to have bribed!
They have $2.9m in the bank ($2.7m after the Blue River payment) and a burn rate of over $1m per quarter (as per the final quarter of 2014). They have just added another $210K to the wage bill. Their current position is unsustainable and they need to find more money, and quickly. I wonder if Euroz can be persuaded to stump up some cash?
IWG Price at posting:
38.0¢ Sentiment: None Disclosure: Not Held
