Just checked the Hot Copper search and guess what , page-5

6 months ago, Flowcom could not afford to pay its bills. Little has changed since. Its cash burn rate still exceeds what is required in order to build a sustainable, profitable business.

Today's announcement whilst a step in the right direction requires more. Provided, therefore, management take heed of this warning, and the Delgrave team brings new management experience to Flowcom, then they should survive.