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Re: 123414 post# 59044

Tuesday, 09/19/2017 7:47:55 AM

Tuesday, September 19, 2017 7:47:55 AM

Post# of 140474
Thanks 123. To take quick a stab at current assets...in Q2 we burned $4M and current assets were $10M. So coming up on the end of Q3 I would speculate we're at ~$5M in current assets (assuming the bulk of this account is cash, too lazy err... busy to dig deeper into CA). The fact that our average burn rate in Q2 was $1.333M per month is encouraging. It seems McNally has brought efficiency to the company.