Ann: Capital raising update, page-3

Hopefully these capital raisings will see them through to cash flow positive within 18 months. 7m + 4m = 11m. At 0.6/mth cash burn rate, that will last approx 18 months. They may have to raise again same time next year to get them over the line. Good take up for the first private round. Just need a few major chains in the usa and australia to sign up and future looks good. Looking forward to such announcements over next 2 years.