Wow! 100k from sophisticated investors, doesn't sound...

Wow! 100k from sophisticated investors, doesn't sound particularly sophisticated. Based on current cash outflows that should last them about 3 weeks. So once again they'll be getting a going concern question from the ASX in October when they release their 4C. In the meantime the share price goes lower and any subsequent capital raisings become extremely dilutive.

Can they not raise any more capital? Or are they expecting to make an imminent announcement on Woolies or Coles and thereby punting on a bump in the share price before they raise significantly more money? Either way the company needs to raise more capital, 100k is not going to cut it.