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Re: None

Thursday, 08/16/2018 2:12:49 PM

Thursday, August 16, 2018 2:12:49 PM

Post# of 81577
Cash burn rate at $600k per q...........
In the next few quarters if revenue stayed below $2.0 millions,this would take cash position down to $1.0 million-,most likely not enough for the new line.Expect a lot of borrowing and likely dilution in the early 2019.This drastic revenue shrinkage is ominous and not good,and the odds of the new line blowing up on their faces are still high,through delays or lack of market acceptance.
or
"Pie in the sky" narrative of the new line,may not hold water with shareholders,those whom have not jumped ship yet,as cash dwindles.Oooouuucccchhhh.