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Re: Don'tDrinkTheKoolAid post# 80594

Sunday, 01/18/2009 2:49:04 AM

Sunday, January 18, 2009 2:49:04 AM

Post# of 82595
<Well looks like the math doesn't lie!!!!!>


Burn Rate: 2005- $329 K per Month
: 2006- $533 K per Month
: 2007- $439 K per Month
Note: the burn rate excludes debt payments
(Annual Shareholders meeting. June 25, 2007)
--------------------------------------------
(conservatively guessing?)
Burn Rate for 2008 - $200K
and average for two years 320K (2007-2008)
$320 x 24 month = 7.68 million

Conservatively Speaking: frog is still short $7+ million
Note: the burn rate excludes debt payments