BSTA - If I am understanding it correctly that one customer is a company 90% owned by the ceo which has multiple customers. So it is not like they have to worry about losing the customer. If anything I would view it as a positive because if this is what they can do with one customer just imagine if they add more.
They did receive funding from a note but did you see the conversion price?
The low cash balance is due to not yet receiving the payment from the customer but again the customer is the ceo's company so payment should not be an issue.
I think it may be a ground floor opportunity on a new issue that could end up being a big deal but anything is possible.