Hello,
Yes, based on their trailing 6 month cash burn rate and current cash available as well as the delisting process for this exchange, they have about 1.5 years to fund their complete operations from either their legacy operations or from their current litigations.
In my opinion, this uncertainty is a large drag on the current share price.
On a side note, have you seen the numbers a third party estimated this Coupons case is worth? It isn't chump change by any means and even if they get 60% of half of that, the average share price of well north of a dollar will be profitable.
Lastly, what are other people's opinion on their current cash situation? Any time frames calculated out by people looking at short/long term debt, past cash burn history, and current funds?
Lastly lasty, (because I am delerious and need to sleep some more) I am still hoping for the coupons decision to be rendered post 101 court case so that will not cause a potentially over reactive down turn in price for no reason as it seems the current price has rendered that case will not provide value to DSS.
Opinions/thoughts/comments/
appreciated,
Kid