Zeev's Turnips Patch-No Politics (ZEEV)

[Larry Brubaker]

Zeev re XMSR, their financial PR indicates they have $193 million of cash, not $60 million. Of the $124 million loss, $40 million was depreciation, so the cash burn is probably $80 million or so per quarter. Yes, it looks like a financial train wreck, but probably not quite as imminent as you suggested.