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hondaboost

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hondaboost

Re: tommer post# 577

Sunday, 11/06/2011 10:47:07 PM

Sunday, November 06, 2011 10:47:07 PM

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Last year 10Q, they had $15 million losses, or $0.13/share;
This year 10Q, they had $84 million losses, or $0.51/share;

Cash:
As of Dec 31, 2010: $60 million;
As of Mar 31, 2011: $19 million;

It burnt $40 million in 3 months, or $13 million/month.

Its $19 million cash must have been burnt out in May, Already and has no cash At All now!!! Since May.

From where did you get the info. that they have enough cash to struggle to Mar 31, 2012?
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