It would also make sense to release some information regarding the testing at Fury-1 prior to or at the same time as the capital raising to make it more palatable.
Funny how something like this happens and people automatically believe the worst. I would pay more attention to the acquisition. I think people will find that companies are just as reluctant to blow money on useless things as the rest of us. Why acquire something if you do not see the potential in it?
Anyone in the industry of preparing commercial agreements will tell you that "$hit happens". Very rarely do they run like clock work. It is the nature of negotiation.
I say sit tight and see what comes of it.
Cheers MJ
MHL Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
