That's a really tricky question to answer. Based on funding rate at the moment you would be inclined to guess that we will run right through to the end of November. Against that we are lining up some meaningful Business Development announcements over the next few weeks, any one of which could provoke a deluge of funding. Also, the imminence of Waves full nodes and distributed asset exchange going live could provoke a similar reaction. My limited experience of ICOs suggests that it tends to happen all at once - and generally in the last week. Our situation may prove the exception because we are an application rather than infrastructure, actively pursuing mainstream commercial opportunities which we are announcing as we go.

A long answer to a short question. Forgive me, but hopefully this provides with a better insight on our unique situation.

RW.