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$heff

07/16/13 9:23 AM

#69602 RE: pmony5 #69601

APPY....Thanks for the updated notes from the CC.


Message in reply to:

APPY CC over quick points covered over 800 enrolled in testing completed & approx. 200 per month being enrolled ...expects by Sept to have all 1200 enrollees tested & results before years end. Cash burn approx. 1 million per month & APPY has 20 million in cash so a little over 1.5 years of cash. Also doesn't take into consideration sales ramp starting in early 2014 which would obviously slow the cash burn even further....