Hey Paul you win some and you lose some. I did not say that revenues would not happen until next Spring, I think they will happen this year. I was talking about breakeven against the burn rate. Two different things.
Read what I said again:
Vader, my feeling is that this last financing, plus the SSP stock, should take us to close to break even by spring of next year.
Paul, I dont think our runway is that long anymore! The last financing round pretty much said that at $0.85/share. If we dont have revenues (1 mil or more) by the end of the quarter or a contract to significantly increase the share price we are toast (IMHO).
They were pretty close to having to give up 10% of the company and if our prospects dont get any better the next guy will get a bigger percentage! If were at $.50 a share next time they need cash @ 3mil/quarter you do the math!
I still beleive in this technology and I think they have the foresight to make it to the end game (just need the cash), but like everyone else we need something of substance in the near future or someone else will be monitizing these ideas and technology.
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