Tuesday, August 19, 2014 3:20:57 PM
1. The monthly cash burn in the quarter was $209,000 vs. $127,000 last year at the same time. That means at todays price and at a 70% recovery they have to sell about 65 million shares per month to cover the cash burn. Post split they had 4 million shares outstanding
2. They have not done business with White Sky for about 2 years so blaming that for the revenue decrease is an outright lie. I think they will just keep doing that for years. I think this is 7 or 8 quarters in a row that whitesky is being blamed for declining revenue.
the rest of the narrative was baloney.
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