Nico.lab Pre IPO, page-686

  1. 307 Posts.
    lightbulb Created with Sketch. 578
    Agree, thats why we need change starting from the top.

    The CR has been going on for almost 1 yr and is a cluster f***.

    The money raised so far ($6m) is too expensive & is costing us 15% per annum plus likely dilution.

    If we continue with this cr@p preference share deal we will be paying $1.8m/yr in interest plus dilution.
    As per the recent update we simply cant afford that type of additional expenditure.

    Nico Lab has a history now of CR issues.

    Kiss goodbye to a ASX listing.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.