We dont have all the numbers but capital raising should not be required to Feb when CE is approved or not. See below. I think in negotiating the date they would of been well aware of when capital required by at the latest.
Prev comment: Closing cash sep14 $4567 - dec est 1945k = 2622k est begin Jan when CE expected. Tank low but not empty.
now delayed to late Feb 2622-8x181= $1174k (pull up terrain warning on but still flying).
(Nb: dont forget that mgt and chairman get diluted like everyone else (self interest)).
TIS Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
