Reading that shareholder's update has done nothing but made me...

Reading that shareholder's update has done nothing but made me squirming in my seat from excitement for the coming months. A cap raising has always been on the table is absolutely expected. It will be up to the company on how it raises this capital and it seems that the current decision is the smartest choice.

Nice summary simploz but I would also like to add that we have "other yet to be announced partnerships" down the pipeline. Probably in talks with agreements right now. This better be worth the $275,000 + share remuneration package provided to our new CEO. Lets just put it this way. At the current rate the company is burning cash, unless we see a vast improvement in sales, we're not going to be paying him for much long. I'm sure he knows this and is working hard.

My short term forecasts for this stock is positive. After minor low volume selling we're back to the trading range. Still very low liquidity but when something sparks the interest we might see a fire underneath this stock. Now we play the waiting game to see how the NYSE listing goes and IMHO a rerating is going to happen without better sales news just on pure fundamentals of the company when we become more financially secure.