Aytu BioScience Inc. (AYTU): They certainly have a high burn rate......

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Aytu BioScience Inc. (AYTU)

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Re: Marilynt post# 1781

Wednesday, 07/25/2018 6:31:35 PM

Wednesday, July 25, 2018 6:31:35 PM

They certainly have a high burn rate...

Looks like they burned $5.2 mil in cash last quarter...

$600k Sales

$1,300,000 Operating costs and product costs

$4,700,000 Sales and Admin Costs.....

YIKES.....Maybe they should raise prices more than 800% eh.....

Most likely more dilution on the way... Rinse and Repeat

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