Ann: Trading Halt, page-18

I know when I don't want a capital raise.
When we look like we are running out of money and desperate. - That would be a big mistake.

Mike Young has plenty of experience with this.

(The small investors at MLX screamed blue murder on HC when they announced theirs a month ago. If they raised now they would have to raise at a 15% - 20% less).

Let's see what they say they will probably announce a SPP a the same time.