Wednesday, August 09, 2017 9:43:17 AM
$12.8Million Cash June 30 2017 / $1.8Million Loss from Operations = 6.9 quarters. Then 7 x 3months per quarter = 21 months
WOW I thought I would never see these numbers. This is good news indeed. The question now is did the market factor that in or do we have alot more upside now waiting on new deals and new revenue.
My only new question would be what kind of additional costs are needed with these new deals? Do we expect them to be inline with existing ratios/numbers? This way we can maintain our projected costs and not have to raise any more money.
Right now I don't see them raising anymore unless they have some big expansion, but I think they will stay conservative for the shareholders until we get a few more deals and revenue.
Happy Day today. Who ever is selling is either taking profit, shorter, or idiots.
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