RE: DEV write up7 Feb 2019 15:24
Having a browser of the prospectus, this company seems vastly overvalued and overhyped already, they only have £33,000 for Marketing and PR' - if they are really going to be big they will need a lot more than that.
'The marketing and PR budget, in a total estimated amount of £33,000, is expected to
provide for creation of marketing roles as outlined in this paragraph 8.1 above, for participation in
conferences and exhibitions and for related capital expenditure; '
Surplus working capital, £13,000, this company is going to need cash sooner rather than later.