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der_deutschetrader

07/09/15 9:34 AM

#115819 RE: brharris #115818

you forgot they are spending $5 mil per quarter/

wait till the the 6/30 financials come out before you post.

der_deutschetrader

07/09/15 9:34 AM

#115820 RE: brharris #115818

you are also confusing market cap with shareholder equity (a balance sheet item)

der_deutschetrader

07/09/15 9:43 AM

#115826 RE: brharris #115818

So please provide proof of your statement or quit posting incorrect information.


read and learn and do some dd

June 30 10Q--- $3.6 mil in shareholder equity (That includes all pref)

They raised 5mil on April 1st total $8.6 mil

the cfo on the cc said they're spending $1.7 mil per month. read the transcript (5.1 mil for the second quarter)

that leaves $3.5 mil - they just raised 600k thats 4.1 mil BUT

they are still spending $1.7 mil per month

do the math they need lots more capital


btw look at the stock this morning