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Re: West Coast Snapper post# 9654

Wednesday, 08/09/2017 10:00:31 PM

Wednesday, August 09, 2017 10:00:31 PM

Post# of 21373
Probably no cash now....they received proceeds (ie: cash) from the sale of convertible notes and warrants in the amount of $1,026,298 during January-March. They burned $694,867 in 3 months (Jan-Mar). Cash and cash equivalents at beginning of January were $15,264. They had $710,131 in cash at the end of March. If they burned thru another $600,000-$700,000 during April-June, then they are close to having NO CASH NOW.

June QUARTERLY will be interesting to see.

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