Ann: Appendix 4C - quarterly, page-3

Hey Dumas, did you notice the latest Appendix 4C shows that at current run rate, the cash flow is negative $500,000 a QuARTER? And the cash balance at ene of June was $819,000. That means at current burn rate, cash will reach zero in 819/500 quarters, or 147 days?
And there is that $750,000 loan.
So, gross cash $819,000 BUT net cash at end of June was a skinny $69,000?
Anybody know how much cash a fundie needs to keep liscensing requirements , especially if pitching to retail?