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Principian

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Principian

Re: againstallodds post# 723

Thursday, 08/16/2018 1:02:27 PM

Thursday, August 16, 2018 1:02:27 PM

Post# of 1487
You are very correct againstallodds.

Then dont forget the Adjusted Book Value. The full burnrate indicates all the real book value will be gone by years end. I suspect Geotraq will be the first indicator of this if they close up shop.

Ask yourself, if you were ramping down... why keep anyone around? Even at the estimated burn rate of $100K per month this will kill off the remaining book value before December.
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