Car crash2 Nov 2018 22:33
In March MYSQ raised £2.2m, in June raised another £2.2m, in October raised another £0.66m. Now that is £5m in total. Paid out £1m and issued same in share issue for MYM. Now that leaves £4m cash remaining. Now this is some cash burn if £4m only last 6 months! If Atlas convert they will own nearly 40% of total shares. AGM vote to issue unlimited shares! No directors buys! Company value £2.7m! CFO went in March, CEO now gone! Says it all.