Ann: Quarterly Report 30 September 2015, page-2

Well if we can believe the quarterly it appears they got that $17 million ~ of funds and have $15 million ~ cash at the end of quarter. Some positive news albeit only little for long suffering shareholders.

Cash burn is almost 3 million this quarter so if that is replicated equally across 4 quarters holders should be somewhat relaxed that they are not going to go bankrupt just yet even with managements lofty salaries and left field announcements. You could say Zeta has given them a lifeline for one year which is something considering the companies share value has fallen through their initial investment.

Time is ticking though until another capital raising is needed towards the end of 2016 IMO unless of course Cambay finally starts to make some serious money then OEX holders might start to cut Ron a bit of slack.