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Post# of 700356
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Ready4bluesky

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Ready4bluesky

Re: Evaluate post# 54702

Monday, 02/22/2016 9:06:29 PM

Monday, February 22, 2016 9:06:29 PM

Post# of 700356
"Of course B4Bluesky does not have the details either, so when he said he believes it is likely that new financing will need to take place in a matter of weeks"

My opinion is based on the most recent known quarterly cash burn. What is your opinion that they were sitting on a pile of cash, but decided to finance in the 3's just for the heck of it based on? Maybe the less complicated explanation that they needed more $ is the most logical conclusion?

"If they did use up all of NW funds, I would sure like to know what they spent it all on"

So would NW.

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