In the paragraph you posted they mentioned 2 other uses for it including general working capital which could be anything.
once they have raised the funds they can literally use it for anything... I wonder when Virgin Galactic are going to the moon? Perhaps JB will look to do some DD up there.
With $60k in the bank the raise will be happening soon, It’s just a matter of what price.... 3c and above I will be content... 5c and above and I will be estatic.
VEC Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held