Replies to post #62539 on Creative Medical Technology Holdings Inc (CELZ)

[Inorout]

CELZ posted ($6,432,404) in Net Losses last Quarter on sales of just $4800.

There are 13 weeks in a Quarter.

So, $6,432,404 divided by 13 weeks = $494,800

So last Quarter, CELZ lost $494,800 every week on average, or nearly $100,000 per day. Any you were mentioning something about profits and wages? No profits at CELZ...just the opposite. Last Quarter CELZ cash burn rate was indeed nearly $100,000 per day.