under the radar., page-54

easily and can when you consider the way they have released
their escrowed shares.
another 1.7 odd million have just hit the market - announced
after mkt on friday. it seems that at least some of these holders are idiotic enough to just dump them.
mko has 80875831 potatoes. a potato is 1 of anything on the appendix 3b - oppies, shares, listed and unlisted etc etc.
mcap fully diluted on this basis is 7683209 at 9.5c, fridays close.
cash at end of last quarter is 3566000. cash backing then was 4.4c. (3566000 div by 80875831)
they went through 758000 in the prior quarter, lets assume
same cash burn(is there a better way here?) because at the moment they are probably doing similar stuff as they did previous quarter. things will change, worry about that when it happens.
by the end of this quarter then we might expect them to have
3566000 - 758000 = 2808000. this will bring sp at cash backing down to 3.5c.

it should not go there. i think this is the worst case.