It is disappointing that they had to have another capital raising but its hardly suprising. The company would continue to update us with their customer numbers and then suddenly it stopped! I think that was a pretty clear indicator not all was going well.
Assuming that has all been rectified two good points are the appointment of Bleasel as General Manager of Sales and Marketing and a director picking up 200,000 shares. Given the wealth of experience Bleasel has in the industry I can't believe he would get involved in JGL if he wasn't confident of the company's future.
JGL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
