TNI, and just for the record, this is pretty much what was stated in the 'Going Concern' section from last Q as well. Just different #'s.
I'd like to think that this is simply MH being honest about the future of the company, as would any startup. If they can't get financing, revenues don't increase or just whither away, then yes, they would have to shutter....
But I simply don't see that happening. If they wanted to just bleed the company, then why put the efforts into the partnerships, new products, etc.
AIMO.
BI