It will need to be at least $8 million per annum or they need more debt or equity.
Based on their last quarterly, they have quarterly operating outflows of $2.7 million, yet they only generated $0.9 million of cash receipts last quarter - and that included 1 month of Condat before it was sold.
Ann: Tencent Partner selects Invigor to expand WeChat Pay, page-12
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