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Re: arvitar post# 140722

Tuesday, 09/11/2018 5:05:54 PM

Tuesday, September 11, 2018 5:05:54 PM

Post# of 146211
The latest 10-Q for the period ending March 31 shows just under $11 million in cash and spending at about $2.5 million per quarter. So I expect to see about $6 million in cash in the end of September filing. They can last until April at the current rate of spending, and maybe a couple more months after that if they cut the spending enough. So I figure 9 months is the upper bound on how long before it's lights out for NNVC, although it could happen in 7 months.
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