RE:RE:RE:RE:Update?From their latest md&a dated on 30:th of sep 2014. No activities and not a very optimistic look at the future, read in it full at sedar
Requirement of Additional Equity Financing The Company has relied entirely on equity financings for all funds raised to date for its operations. As noted above, the Company will need more funds to operate under its current plans and budgets. Capital markets may not be receptive to offerings of new equity, whether by way of private placements or public offerings. This may be further complicated by the limited liquidity for the Company’s shares, restricting access to some institutional investors. The Company’s growth and success is dependent on external sources of financing which may not be available on acceptable terms.