technical update, page-69

Also RD is never paid upfront. It is a general misconception that RD is paid means they will give us advance money to do RD.

P&G are paying for the R&D. Whilst there may be some reimbursed costs, much is being paid as required by P&G. This is fully supported by the financials that have been historically supplied. Please don't misrepresent with things you don't know or understand.

Further to which if the cash burn rate remains $120K forget any significant growth. You have to spend money to make money.

Cash burn is much higher than this, but it is being paid for by P&G, so yes you have to spend money to make money and that's exactly what is happening. It's not a difficult concept to understand.