A cap raise is imminent , could happen any day now, $1.8mill in the Bank, more then $ 2.1mill needed during this Quarter They are spending like drunken sailors , Admin. costs $266k probably subscribing to every porn site on the www , for a co. this size their adim. costs are way over , at this rate he will be raising capital every quarter , even if they ann. a great DFS it wont go anywhere knowing there is a cap raise around the corner, unless they get their funding sorted out , I would say a 15c cap raise on the cards
TMT Price at posting:
23.0¢ Sentiment: None Disclosure: Held