ST, my apologies... You are correct about the larger first closing for about $5M; that got them to the $6.8 at the end of June. The second closing was for a little over $1M more on July 21, so that's not part of the Q2 closing tally, so it puts us at about about $8M. I wouldn't think the $2M deposit from Longtai could be considered cash or cash equivalent until after it was converted this month, so that SHOULD be a balance of $10M... Doesn't get us too far into Q1 2018, but still should get us about the the end of this year, give or take... If spending slows around the holidays (as often happens) then we still might have funding to year's end if the $2M was already part of the tally for first half. But... the other reason I think it could not be is that the June 29 closing was for over $5M. If the $2M deposit was already on the books at that time, their total for end of June would have been well over $7M, not just $6.8M. That is why I have to presume the $2M was added this month, and wasn't part of the Q2 end numbers. So we should have started the second half with $10M+.
And no, nobody pays me to write this. If anyone is thinking I am on the "paid to write here" list, you are definitely incorrect. I am just a (relatively) poor working slob like several others here. I have been honest and possibly more open at times than I should about who I am, what my background is (and isn't), and why I am here. I have met up with Rebster a couple times for beers at a local establishment, so he could certainly vouch for me as well. In fact, we're overdue!
