please correct me if Im wrong, but isnt the term "burn rate" used in industries like drug manufacturing where the company isnt making money but rather in an R&D phase? No cash in, but lots of cash going out? Your point is well taken tho.
As for cash flow, I believe there are a few hints that cash flow isnt where it needs to be at this point. Since BSTI has been pretty quiet for the last few days (only about 180 or so), it is hard to know exactly what their cash position is. My guess is that Tucker provides a huge hint that the company is still in need of cash. The last Q showed an obvious need for cash, but there were suggestions that the cash problem was about to disappear. If I had to guess, Id say that the last few months havent shown any improvement in cash position - but who knows for sure.
it only gets better.
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