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Bourbon_on_my_cornflakes

12/11/19 8:00 PM

#102938 RE: oakrock #102937

they never take cash to zero...when at 6 months of cash left...they dilute

Exactly. It is plain dishonest to say they have cash to last to 2021 when they only had $40 million in July 2019 and a $30 million annual burn rate at the least.

But then this is the management that suggested they were knee deep in term sheet a year ago and no deals.