InvestorsHub Logo
Followers 8
Posts 745
Boards Moderated 0
Alias Born 02/13/2012

Re: payupdeadbeat post# 507

Wednesday, 05/01/2024 8:17:20 AM

Wednesday, May 01, 2024 8:17:20 AM

Post# of 544
I think we are fine, we have some cash and launch time will be when sales are announced that will
further fund this.
2 mil from Viken Detection this year, 2 tranche for another 2 mil this year and 31 units sold so we have about 6 mil to fund operations with a burn rate of 2.5-3 mil a quarter per filing on page 7. ( management discussion )
The next 5 months should be huge with the airports sales potential, they have until September to commit. If they have to be compliant by September which I dont know if thats the case, it would get crazy here.