VCR ventracor limited

after mid 2009

  1. 334 Posts.
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    VCR directors have stated that it believes "it needs to raise $10M to meet it's planned expenditure and cash funding requirements to 30 June 2009....."

    What happens after?
    Another Share Purchase Plan? Or do they expect to be cash flow positive?

    Also stated, standard method of raising funds is to, hit a milestone, then raise more cash (share dilution)
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