My understanding was that the original deal they had with a local investor know as 'Pac man' , had gone pair shaped. The deal was 10 mill US$ for 10%. Which helped drive the SP to the .042 before suspension. Apparently he tried to change the goal posts all the way back to the car park. The deal feel over and new funding was fought hard for and sourced from SI's at 1.5c + opies. Not the best deal for those who got stuck holding stock, but this kept the doors open and got us to where we are today. This is from my understanding.
GMC Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held