ReWalk Robotics Ltd (RWLK)

[abira]

This is what Jasinski said in Q2 ER:"With respect to our plans to enter China and regarding our plans to augment our capital requirements, we are working to complete our transaction with Timwell to explore ways to reduce our debt and are examining pathways for additional capital.

With expanding insurance coverage with ReWalk, the addition of a major new product line in 2019 with ReStore, careful expense management and sufficient capital, we are now solidifying a path to breakeven operations.

...

Our expansion in China is based on the sizable opportunity we see in that market. We are committed to completing the establishment of the JV with Timwell, Ambrum RealCan.

However, due to the different jurisdictions involved, continued dialogue on certain commercial points and certain technical administrative delays, the company and Timwell continue to work through and negotiate the other conditions to establish the joint venture."