they will be broke if they dont get cash soon

Now you can see why they are so desperate to fund the massive cash burn. They will raise at 5c if they have too because they will have no cash and no revenue coming in until Post March at the earliest.

From the last quarterly

Total Outflows 2.6million from July-Sep
Cash left 1.056 million at Sep 30th

Expenses Staff 299k <-------was 195k previous quarter
marketing - 201k <-------was 140k previous quarter
R&D - 341k <-------was 200k previous quarter
other capital 624k <-------was 0k previous quarter

Total 941k (excluding other capital)

So at this rate they will have 115k in the bank PLUS revenues of about $30k using the last 5 quarterly's as a guide come end of Dec.

You can see why the 4million is critical because it will fund all these expenses for another year until the next "event".

Seems to be they could be in a spot of bother if you guys don't give them cash, but your hand is much stronger than you think, drive a harder bargain.

Also who is Sibex? they seem to be doing well out of this?

829,000 Last quarter
1,331,000 previous quarter?

They say follow the money trail, More than 2million from SLA holders in 6 months for?