Another reason the telegraph article aint worth the paper its written on is the valuation is wrong...
At the present price its about £14 million but has assets of less than £3 million.
The comapany is going through millions in cash and only has 1 million left.
The likelyhood is the company will need to raise more cash even if it moves into profitability albeit expectations are mixed and the most optimistic expectations only a small profit.