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Post# of 19309
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keitern

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keitern

Re: DewDiligence post# 2990

Thursday, 03/08/2007 12:26:17 PM

Thursday, March 08, 2007 12:26:17 PM

Post# of 19309
>>3. GTC just hired a business-development executive (Ashley Lawton) whose job is to focus on inking new partnerships.<<

I guess the rose colored glasses would color this as an attempt to obtain some kind of contribution in terms of cash flow if successful; perhaps significant enough to forstall cash raising until it becomes a minor to non-issue. I mean, if the cash burn gets down to under 5M/qtr. and improving, then it is a whole new ball game IMO.
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