Replies to post #67414 on Savvy Trades and Investments

[bigpike]

SEAC: what stands out from the transcripts is the cash position.

"The only financial metric that was disappointing in the quarter was our cash balance of $13.8 million at the quarter end.

The good news is that we believe our cash position is stabilized and the actions we are taking now to right size the cost structure of the company, combined with our strong sales momentum should set us up to be cash flow positive going forward."

Perhaps a financing in discussion is suppressing the price?

Later in the call they said they expected to be cash flow positive in q4, so the burn should slow a bit.