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Re: Dunderstand post# 57326

Monday, 07/20/2020 8:04:21 PM

Monday, July 20, 2020 8:04:21 PM

Post# of 59550
How so? Last Q they had 391k in sales and the gross margin was -16%. Add expense and you get cash loss of 353k. Also even if they collect 100% of their A/R they would have only about 250k in cash. Not nearly enough.