If they raised $1.6m at 1.6 cents that would equate to 100m new shares, that's quite alot of dillution.
The amount raised must be to see them through till the financial guys start their funding activitioes.
BK can't see this going to 1 cent, only unless there are delays
If they raised $1.6m at 1.6 cents that would equate to 100m new...
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