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Re: ATCrunch post# 63849

Tuesday, 09/01/2015 12:41:51 AM

Tuesday, September 01, 2015 12:41:51 AM

Post# of 112680
If they really do end up making 7-10 MM in revs for FY 2015, then it will more than cover a burn rate of 25k/month, and I can stomach some dilution to get us there.

The problem is I think their burn rate is going to go much higher i order to get to a level of operations that sustains double digit millions in revs...if they can even deliver on that forecast...which there doesn't appear to be any evidence thus far that they can.