I held this company for a year or two, sold out at 25c recently (average cost was around 60c) and I must say, it's a relief to be out. It's a company that seems to have every excuse for not being able to make money and no clear path to doing so. I assume there will be capital raisings in the future as well.
I don't claim to be an industry expert but this seems like a terribly run company to me...