End of Dec they had enough $ to survive another 1.8 quarters… i.e five months even after there $2.4mil convertable note. So they should be down to three months in the bank… I smell a pump on small volume to justify a cap raise at 10-12c range instead of 8c.
expect some positive news in the next week or two before the raise. Georgie boy has a standard MO.
love to be wrong and as always appreciate diligent research.
Wellnex Life - general discussion, page-83
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