This report is very important.
It showed only $290k in cash at 30 Sept. which seems critical. More will have been spent in the past month before $100k came in from Egypt recently.
AAMC has closed its tooling business and this work is now outsourced while it makes 2 new machines. How is this being funded and who remains at the company on the payroll? Is there anyone left seriously working?
The critical cash position does not mesh with all of the hype in the newsletter and parts of this announcement.
This report is very important.It showed only $290k in cash at 30...
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