Only on this message board can a company have $1,000 in the bank and it is looked at as a non event.
They are counting on revenues to pull them out of this mess. Revenues from customers they won't name, orders they won't give a dollar amount to, the amount of meters sold, the terms, etc.....
So if you are counting on orders to cover their $60k a month burn rate let's run the numbers.... Let's say by some miracle they are selling meters for $150 and they make $75 per meter.
If my drunken mind is working that means they have to sell 800 meters to break even every month. That doesn't include growth.
Sure, I believe in unicorns and jelly bean fields.
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