I don't see the comparison. TON had approx $300k left in the bank at the end of their last quarter. How does that compare to SRT with their cash reserves of over $1,903.296 at the same period.
"Cash Position
The Company held $1,903,296 in cash as at 31 December 2015, compared to $558,000 at 30 September 2015. Fund raising for the three months to 31 December 2015 was $1,596,433."
Then add in all the cash that has been coming in for the conversion of options and that makes this quarter's figure even higher.
We have a slow burn rate thanks to MW.
Let's just keep it in perspective.
Cheers,
Tangrams
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