Questions re Tesserent, page-11

I think that report was before they sold the IP to FZ for 3.5M in cash. AS I said they reported 1.9M in cash (Dec 31) and another 2.5M due by May 2017. On that basis they should l not need to raise capital. Having said that ,as with the normal course of events, should they wish to make a large acquisition they may need to raise cash. The price of any such raising is problematic at this price, but would of course depend on the deal.
I really think our investor focus should be on sales. The share price will rise or fall on that. I think the 3rd quarter results will be the test as to whether the sales model is being executed correctly (12 months from the float).