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Re: None

Thursday, 11/03/2016 11:29:48 AM

Thursday, November 03, 2016 11:29:48 AM

Post# of 235052
Regardless if you are bullish or bearish. One has to agree that this has been the best position the company has ever been in their 15 years of life. This is the first time they have 1.6mil cash in the coffers. The question is how will their strategies work before they run out of this current cash. The company has probably 1 year of payed operations based on that cash (looking at the last 2 10q they cash used for 1 quarter was about 500k)

Questions are:
Can they reduce expenses to extend that cash?
Will the deals they are working on kick in prior to the cash running out?
Will litigation against the 3 companies at this time going to be resolved prior to the cash running out?
Key right now is to create enough revenue to become cash flow positive, They do have 3-4 quarters to do that before the cash run out (if the new litigation gets settled they will be able to extend that lifeline period)