SiNtx Technologies Inc (SINT): Q3 has not even closed yet, so no earnin...

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SiNtx Technologies Inc (SINT)

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Re: LearnToTrade post# 6994

Friday, 09/23/2016 10:06:09 AM

Friday, September 23, 2016 10:06:09 AM

Q3 has not even closed yet, so no earning next week; Q3 earning is in Nov. Their operation burn was 900k Q2 although they expect Q3 to be higher. I estimate Q3 burn to be about 1.6mil for operations plus 1.84mil (1.5mil principle, 323k interest)in payments to Hercules for total loss of cash at 3.44mil.
Hercules loan should have a balance of around 8.98mil.

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