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Re: facts_matter14 post# 116282

Tuesday, 10/11/2022 5:49:44 PM

Tuesday, October 11, 2022 5:49:44 PM

Post# of 130133
53K was for the car and 40k was for inventory. So, their actually burn rate is around 190k a quarter but with Max differing his paycheck to accounts payable, which is 45k a Q (Max is owed 350k now), which makes quarterly burn around 145k.

We will have to see how much revenue they made from Halo and how much of that inventory will turn over.

I would be more concerned about cash if they had to build the inventory for the dongle.