RE:conference callMarc told the Tier 1 approval is on schedule and expected in Q4.
To a question from one investor about listing and financing from US, Marc jokingly told that he will be happy to get financing at $2/share.
IMO if share price moves >60c, warrants will be in money and excercised and no need to raise more money. If price does not move to 60C + by Nov., warrants will not excercised and financing may also not be there or may be there at 40c or so. In that case SIM is doomed. Hope Tier 1 approval comes before expiry of extended warrant excercise date in Mid Dec. 2018.