RE: RNS - very positive developments28 May 2020 08:55
Hi academy.
In short, nothing, if BIDS doesn’t raise money soon.
The most important line in the RNS was the last one about being focused on “non-trading receipts”.
Nothing new in the RNS. no figures, only confirmation of ‘small’ campaigns and the repeat of the ‘interest’ created by the pandemic.
This is still on the same path - no cash in the bank, no revenues until after the cash runs out so inevitable dilution.
Fund raising at c 3p if we are lucky.
Shame really, because it could have been so different with an honest CEO.
Intrepid.