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Re: thehornet post# 17980

Thursday, 11/20/2014 9:07:07 PM

Thursday, November 20, 2014 9:07:07 PM

Post# of 54031
Very honestly...NICE WORK! I am not sure "margin" is always expressed as a percentage, but that's pretty minor. What is not right is to say GROSS PROFIT or GROSS MARGIN, somehow delivers positive CASH FLOW! There is nothing "positive" from a cash perspective until you get to the bottom-line, i.e. money available to pay the bills. To suggest TAUG's cash issues are going away is a disservice to potential investors. Per the 10-Q, TAUG has $404K in cash. The historic quarterly cash burn has exceeded a half mil. I'll will do the numbers, but it is entirely possible that the most recent quarterly cash burn exceeded $1mm. Ten grand in gross product revenues will do little to help. And the 10-Q said "marginal revenues," not "a marginal increase in revenues" for the current quarter. A guess...revenues will not be close to this quarter's $10K. Reality...IMO, TAUG really needs a cash infusion to get through the quarter. The 10-Q said the company has enough cash to get through five months. I am very skeptical! Hopefully, Dragoon can find some investors to make it happen!