Ann: Investor Presentation January 2019, page-5

My understanding Blutak  is that they expect to be generating free cashflow from Q2 onwards 2019 calendar year. They recently acquired a $500,000 unsecured loan at 10% which they felt they could pay back in Feb and March so they must be close to free cashflow IMO. That being said if share price took off say north of 5 - 6 cents then they may ele t to dilute. From talking to Andrew Richards recently they certainly are trying to avoid any further dilution.

Cheers Rb