$1.420,404 ICharget accumulated deficit
$18,689,281 Total Accumulated deficit
That means that FSNR has racked up $17,268,877 all by itself.
How much Petrozene inventory does FSNR hold?
As of 3-31 they were down to about $92K cash. Monthly expenses were running about $26.5k per month. Multiply that by 2.5 months to get us up to date and that leaves an estimated $25k in bank as of now. Barring the sale of yet another traunche of heavily discounted shares, FSNR will likely end the quarter with about $15k in the bank.
Get ready for another share issuance (probably just before the end of this quarter) No doubt that we will seeing yet another blog entry or PR in the very near future.
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