Exactly Opel. PIE pinned all their hopes on Telstra. Fatal.How a...

Exactly Opel. PIE pinned all their hopes on Telstra. Fatal.
How a one dated product company can pin their hopes on one company is beyond me. Perhaps they knew that they had no chance of selling this elsewhere.

The price will go down to 1/10th of a cent. There is just far too much stock and not enough cash. What price will the July capital raising be at? Oh, and it will be July, or PIE will be insolvent when the FY accounts are presented which will lead to a de-listing.

IF TLS does come on board - how much stock would have to be issued to fund production? 1b, 2b?

Be careful fellas.