But with that logic then every month would be a milestone month? I think it was important at first to show that we'd kicked off, but seriously can't see an announcement each time we add another mil.
I don't necessarily have a problem with a capital raising, however I just don't see it as a necessary requirement right now. Revenue will be covering operational expenses, partners are covering development, with 13 odd mil in the bank what is the need? The additional plant equipment for hernia production won't come near to that.
PNV Media Thread, page-379
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