th! any ideas?, page-17

Hey bitzer,

I'm subdued regarding this news because I don't know why we needed a further cap raise to complete the installation of the first Powerbox. Did the installation budget blow-out?

If so, does this additional cost affect the business model or the value proposition?

I'm also coming to terms with the fact that we need more sales agreements of some kind to make any difference to the SP and even when we do, our friendly financiers will sell on-market when we need additional cash as we pay for future product and installations.

I really want to see a realistic cash flow model to show how much and when future income will pay for installation costs and we can get rid of Fortensa as GS mentioned.

Perhaps the first one up and running and generating income will expand our debt or equity finance options and provide some certainty.

Wish I didn't feel so negative ATM.

Cheers,