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fsmith1952

11/06/09 10:55 AM

#24990 RE: AskMrOwl #24988

My understanding is/was.... that on the very day the doors were shut..... A very significant contract was on the verge of being signed.... which would have made EXBX if not self supporting or cash flow positive... much much closer to that goal. Does anyone else recall anything about that?
I'm sure there isn't a lot of cash laying around... but I DO feel that if the sales effort makes even rather modest gains... we should be able to be cash flow positive in a very short amount of time. This is all my speculation.... based on what the previous management was saying at a time when I am sure.... the burn rate was much higher than it is now.