InvestorsHub Logo
icon url

internet

06/24/09 7:17 PM

#179919 RE: Blue Fin #179917

Blue fin.....According to Gerry Fenney, the onslaught of new business would not translate to a dramatic increase in the company's burn rate. Currently, our burn is ~5.3-5.5 million/quarter. If our yearly revenues went from 25 to 50 million dollars....our burn rate would not increase by much....according to our CFO fwiw

Sincerely,


Jas