From this morning's ASX notice:Funds will be used for the launch...

From this morning's ASX notice:

Funds will be used for the launch of the Digital Human platform as a self-service product, increasing commercial team and
marketing spend, enhancing conversational AI capabilities and analytics and working capital.

Release of the Digital Human Platform to the general public which includes basically any business in any country probably and any Joe Blow will occur before the end of next month. The trial to selected clients has obviuosly been a sucess and we're now ready to drop the flag, hence the need for funds for a big marketing push along with increased staffing to go with it. We're clearly growing folks not shrinking. While a lot of us are having a bit of a whinge for various reasons, Idan has no doubt mapped out a clear path and timeline which we'll hear more of tonight. It's just a bit unfortunate that our shreprice was where it was last week when the starter's gun was being loaded for this next phase enabling us "to position UNITH as an industry leader." None of will be complaining about that when it does happen.

Consider then our M/C of around 15m at the moment with the s/p of say 1.7c or thereabouts. Would it be out of the realm of possibility for our s/p to get to say 7-8 cps in just under 6 months? Basically 4 bags and a bit in 6 months time making our M/C around $70m. Still peanuts really compared to others in the AI world but would put UNTO firmly in the money at today's prices. We're about to launch our Talking Head Platform to the world not to mention whatever else Idan has up his sleeve in relation to new products. We may hopefully even learn who the Big5 tech client is during this time (one would think that's on track too). My guess is Amazon.
Imagine what that alone would do to our S/P especially if they kick in with a few more licenses!! Woohoo, off to the races!

Bottom line: I would't be writing off UNTO's anytime soon.