Following the last capital raising, you posted this infamous prediction of 6-8c post resumption of suspension.
At the time of posting GMC was $0.042.
It actually opened at $0.012 - I remember because it was my exit price
Given the last CR was preceded a 6 month suspension, I'm surprised you don't appreciate how difficult it will be to raise funds this time round.
A. There is now a $1.0M convertible note liability
B. Potential investors will want to know where the last $12M went.
There is now a very real risk that if the capital raising does not raise at least $1.0M, because of the convertible note, GMC could find it's way into voluntary admininstration.
GMC Price at posting:
1.2¢ Sentiment: Sell Disclosure: Not Held