Basically, the company is in survival mode.
The first six months of this year the expenses in total for General & Administration, Corporate, Sales & Marketing, Research & Development, was….
$994,564
At the end of Dec 19, they had $1m in cash.
On the current figures with minimal revenue, they could probably see out the calendar year.
It has now become another company joining the micro, micro cap group relying on tin pot investors like myself for survival. Serious money would not touch them with a barge pole.
As for a CR, I personally would not give them a dollar. Each to their own.
Just another entrepreneur, grabbed a concept from a group of unproven academics and tried his luck to get into the big time.
I fell for it.
Basically, the company is in survival mode. The first six months...
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