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tkc

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tkc

Re: cygnuscap post# 139898

Tuesday, 03/20/2007 2:52:05 PM

Tuesday, March 20, 2007 2:52:05 PM

Post# of 249239
That's disingenuos at best. Yes, Wave projects it needs $11.5 in additional $ to continue operations thru '07, but that can come from gross profit. $13M in rev @ 90% margins yields $11.7M in gross profit enough for Cash Flow B.E. It is very posible, if not probable, that $5M in new funding will carry Wave to B.E. But thx for the info.
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