We're this quarters strong than last? Q on Q. I fully agree that costs are down & receipts and outflows drew closer, in the penny stock world, that is pretty dam good. We are a market cap of ~ $11m with ~ $3.5m cash. Yes you are right cash burn does dilute, recent cash burn was what, ~ $300k sorry I'm just on my phone, I know it's roughly around that. Safe to say if current situations are stable, we are about 10 quarters away from needing cash, 2.5 years. In the penny world, if you wait until a company is cash flow positive, there's a good chance it won't be a penny anymore. I guess everyone has their own plans, for me, I'm in for 1,000,000 shares, have confidence the company is on the right path, cash balance is reasonably strong. December/March quarters tend to be a little lower as the Christmas period does effect both, but I like you do hope this current quarter is up over the $1m receipts.
VLT Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
