MYQ 0.00% 14.5¢ myfiziq limited

Funding

  1. 387 Posts.
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    What is MYQ doing next?

    Times are tough for everyone but this is a special case. I find it hard to believe their JV partner will raise funds in the current market. From memory they have enough cash for another couple of months only, and all the convertible notes are due in June 2020.

    The notes will most likely be extended as IMO there is no way the Company can repay the holders by June.

    How are they going to pay the bills past May/June? If they were generating revenue this would have been announced.

 
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