RE: First page3 Jun 2018 20:17
The report actually states dilutive placings not a single placing. Ii also refers to the requirement for additional equity finance to take the company to profitability.
As the company hasn't reached profitability , nor even made one sale , then more equity placings may be made in the future.
Thus, there is every justification for stating that there will be more equity placings in the future.
Are you saying that the company will have sufficient cash from the £576,000 raised less costs, say £500,000 actual proceeds received? This is enough to get them to profitability?