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Re: Rawnoc post# 17707

Tuesday, 08/26/2008 11:14:48 PM

Tuesday, August 26, 2008 11:14:48 PM

Post# of 19383
My basis for analysis would be that the software business would contribute no revenue. I/we have no idea whether there are any deals pending or not. I would rather investigate how long they can survive without such deals. This makes the problem crystal clear; they are in a situation where they need a deal and pretty quickly. IMO this was not necessary, they could easily have gone on much longer with 3 restaurants.

anyway, that would be my basis... statement was that they had enough cash on had for 12 months to survive as a restaurant business in their current form. did the italics work?