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Re: BluSkies post# 6220

Tuesday, 03/18/2014 11:57:39 PM

Tuesday, March 18, 2014 11:57:39 PM

Post# of 106844
Will do. I plan to give it a good read, cover to cover. If there is revenue in there, will try and find it and see what impact it would have on starting to be able to off-set the present burn rate. Cash is KING as they say in biz. You gotta keep it coming in the door one way or another - the lifeblood of any biz endeavor. As a small business man for example, you can't open so much as a small dry cleaner w/o knowing exactly what you need coming in each month to pay the basic overhead, hopefully pay yourself a salary, etc. I know a lot of small biz guys in my neck of the woods- and I can tell you one thing for certain, they know TO THE DOLLAR pretty much, what they need each day or month on average coming in to remain solvent or else they don't pay themselves or cut their guy's hours on their crew or whatever. I'm sure Mike knows pretty much to the dollar what it takes to keep BHRT open and running right now. That to me is the pickle they're in- cash coming in, versus trying to "work" the biz and make progress. 10-K will be a good update since the 3 months of that last 10-Q. I did note- the 9 months 2013, versus the 9 months 2012 has gone up a bit (they always list prior yr along side current yr in a balance sheet)- and that jives/is consistent with what we know- that they added a few staff, they undertook things like the Angel trial, so the spending going up a bit yr over yr is right in line and expected. We'll see what's next.