The balance sheet you are reading does not include any of the CR/SPP money as this was raises in January-17. Also your choice of balance sheet interpretation -> cash needs work.
Other ammo includes:
1. Sale of discontinued asset Sokoria plant 900k
2. Conversion of options
3. Withhold acquisition payment for JCT or renegotiate for more equity.
If they get telink/lenze up and moving there will be no need for CR.
We wait patiently for now.
RR
XPE Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
