It's been about two months since the company announced that it was "in the process of raising capital". As I see it, there are three possibilities:
1. The process is proceeding with no difficulties, but is just taking time or was not urgent enough to get done quickly.
2. The company has not been able to attract investors.
3. Travelan sales are improving, so the need for additional capital is reduced or eliminated.
Any thoughts?
Pezz
no sign of a capital raising
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