RE:RE:RE:Gents and LadiesFiloux004, I trust that you do realize that about 1/2 of their expenses are non cash expenses that actually increase their equity and bring cash into the company. Last fiscal year they recorded a stock option expense of $5.2 million that was accounted for as a share based compensation reserve. (and last quarter was another $2.6m) When they get exercised they will actually receive cash of $8.3 million and the total $13.5m will be added to equity. (plus another $4.1m for last quarter) So in reality, they will be cash flow positive very soon and there is no need to do an equity raise. The problem with the IFRS accounting rules is that they have to account for an implied expense related to the value of the stock option benefit before they account for the cash inflow.