The company definitely needed some funds to keep the fires burning so this is a good result and should give holders some breathing space.
I didnt like that the last announcement on resigning two major retailers didn't have any projected revenue figures attached to it. Previously the company touted the values of contracts being negotiated now were significantly higher than previously, but I am yet to see this coming through in these announcements.
The next quarterly is a while off but should give some clarity on where its headed.
IVO Price at posting:
3.2¢ Sentiment: Hold Disclosure: Not Held