Well as I read the 10Q they will need something similar to the past monthly bridge loans by May 31. It's possible that a larger private placement deal with Visser would obviate the need for that.
I think the loans were 200k 200k 300k. The 300k coming right at he end of the 1Q. So, only 400k+ in Visser loans for the 1Q. They cut 190k R&D, 300k stock awards, and 300k out of general.
One of the few good things about the earnings is that they are getting on a beans and rice diet on the expense side.