InvestorsHub Logo
Followers 463
Posts 7524
Boards Moderated 0
Alias Born 02/15/2010

Re: jimstr post# 14447

Saturday, 06/11/2011 9:12:08 AM

Saturday, June 11, 2011 9:12:08 AM

Post# of 94541
My point remains that no matter how you run the numbers, using the P/L is not a good projection of OPMG's future cash requirements because much of the losses on the P/L are non-cash related transactions.

We were having a discussion about whether OPMG will need to do the provisional offering for an additional $5MM. If we were to back out all non-cash related transactions, the burn rate is what you'd see on the Statement of Cash Flow NOT the P/L and we can make a better assessment of whether further dillution is necessary.

We certainly can make some sales projections based on demand even if it is non-deterministic. We already know that the unit breakeven based on avg price of $25 is not a BIG number.

I will try to spend some time next week in this area.