say what JB? Better learn to keep it simple and read the...

say what JB?

Better learn to keep it simple and read the quarterlies...or you may convince yourself of something entirely untrue, and very important like cash position.

Cash end Dec $1.49m
+Shareholders $576k
+ Shortfall Placement $1m

Minus raise costs circa $100k

Minus Acquisition $2.5m

Minus 2 months since end Dec (Q est outflow $200k per month).


I actually reckon they had $400k, but since Feb is nearly up, reckon kitty is nearly dry.