InvestorsHub Logo
Followers 13
Posts 1352
Boards Moderated 0
Alias Born 07/22/2003

Re: Blue Fin post# 179917

Wednesday, 06/24/2009 7:17:47 PM

Wednesday, June 24, 2009 7:17:47 PM

Post# of 249191
Blue fin.....According to Gerry Fenney, the onslaught of new business would not translate to a dramatic increase in the company's burn rate. Currently, our burn is ~5.3-5.5 million/quarter. If our yearly revenues went from 25 to 50 million dollars....our burn rate would not increase by much....according to our CFO fwiw

Sincerely,


Jas

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.