Yeah..I attended and impressed that already some 2.7m has been committed for in the raise. Michael has certainly does his best to cut the costs of the company and contracts have been coming in and more are due to be signed. I think this raise was to do the right thing by the investors that have bought in at $1 and it will be their chance to average down. In saying that they have sacrificed those in the earlier rounds which is frustrating.
I will likely support the raise but unlikely to apply for overs. Thei rnumbers have not factored in anything for China so if we do manage to get anything sales wise from there it is just a bonus.
