Since Hoov IS the CFO, maybe he can enlighten us within the bounds of legalalities.
based on the latest financials it is toast.... Postive Carry was involved in the raise (I think) and one wonders about any of the DD that may have been presented to those that did promote it.
no disrespect intended, but i fear that Galahad was destined to be a lifestyle company... a bust from day one.
if I am wrong... please educate me:)