Manhattan Scientifics Inc (MHTX)

[ssc]

A few choice ibx tidbits from 8/24/2022 reports. This is just for 6 months and still can't enroll 15 people in trial now almost 2 years old. Annualize the losses and easy to see that cash is running out in a big way. Gee, I wonder why no one is discussing this stuff:

Revenue Down 90.4% to 265,763

(Loss) Up 297.2% to (5,760,270)

Net (loss) Up 319.5% to (5,374,809)

The Company’s cash balance stood at $8.5 million at end of June 2022, down from $13.4 million at December 2021.

Operating cash outflows increased to $4.8 million for the half-year and the Company’s net loss increased to $5.8 million for the half-year.

Great job proulx, no surprise the stock can't hold above 4 cents. Almost time for another fun winter at Lake Tahoe. Pathetic.