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15:45
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Originally posted by BobbyKennedy
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Not quite. They had $536k at end December with a planned spend of $165k for this March qtr . Given that the March qtr is nearly over and all that cash is likely spent (and IMO more will have been spent than stated based on previous qtrs), this is extra cash burn when the likely cash reserves will be around $300k today plus budgeted outflows of $160k-$250k this June qtr.
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@BobbyKennedy Interesting that I saw a BUY @ 0.003 for 2,500,000 shares sit there for a while. Didn't get hit, and has now been pulled. Seems to be there is some ongoing 'fishing' for sellers at 0.003.
