I am wondering whether the quarterly numbers for costs next quarter were reverse engineered around how much cash they have left?
$311k left
$300k estimated outgoings
Suggests a cut in staff, R&D investment, etc.
Even with some of the implementation fees and other revenue likely to increase, they are in a pretty dire situation and need to raise funds ASAP!
Just holding a very limited amount to see where it goes and what opportunities arise.
I am wondering whether the quarterly numbers for costs next...
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