Tick Tock Tick Tock, page-27

Yeah - correct, but I was of the opinion that they still needed more. Prior to the convertible loan, I came to the conclusion that they needed both additional debt and capital. The convertible note was a bit light on (IMO) so I'm still expecting some more debt raising (but this depends on how much of their product mix becomes LaaS) and equity raise. A lot of guesswork here, and it hasn't been possible to get a real handle on this company so I could be wrong, but it is my best estimate at present.