Replies to post #577 on ENER 1, INC. (fka HEVVQ)

[tommer]

ps insiders still hold the majority of shares today....
I would agree if the markets in general are down this could go down alittle from here, but not back to the bottom I dont think

[hondaboost]

Last year 10Q, they had $15 million losses, or $0.13/share;
This year 10Q, they had $84 million losses, or $0.51/share;

Cash:
As of Dec 31, 2010: $60 million;
As of Mar 31, 2011: $19 million;

It burnt $40 million in 3 months, or $13 million/month.

Its $19 million cash must have been burnt out in May, Already and has no cash At All now!!! Since May.

From where did you get the info. that they have enough cash to struggle to Mar 31, 2012?