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Re: bigcat2 post# 24339

Friday, 02/24/2017 1:46:23 PM

Friday, February 24, 2017 1:46:23 PM

Post# of 38634
They were burning about -$666k per month or -$2M per QTR (includes $500k of rev.) ...if i remember right...

PAR did launch a couple of dosages in the beginning of the year (Jan. 6) so that should slow the burn rate.

If additional PAR ADHD 4 dosages are launch in the next 30 days or a small upfront payment on Metformin they might get by without dilution unless they buy additional manufacturing equipment.

May is the big launch..we will be breakeven or better from June out....