Does Model Work?, page-5

Rookiekaiser I wish i had your confidence.

These guys have about $2.2M in cash left and they are burning circa $4M to $5M per year.

To survive they will need to raise more money, which I suspect will be at a price much lower then todays share price.

And I imagine that any new money will want to see a change in the board/manageent
. After all they have overseen a drop of $64M (over 75%) of the value of the company since the IPO.