Good announcement out this morning re ongoing funding agreement with Trafalgar Capital Specialised Investment Fund for $7.2m over 3 years - this ensures they have the funding for ongoing development of key products the Wheezometer and the Wholter.
Great news imo - they have also noted a seperate announcement re company sales and marketing activities will be provided shortly.
Keep a close eye on this one - at current sp of 4.8c, this is a bargain IMO. Money magazine (June Ed) listed this as a spec buy when sp was 10c.
A previous concern was the large amount of options not converted in June, but with the funding agreement noted above, this is no longer an issue.
IMO- DYOR
Good announcement out this morning re ongoing funding agreement...
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