cash in the bank, page-3

Hi,

They have approx 1.2 mill in bank they estimate their running costs for next quarter to be $120,000 = 10 quarters of trading at this rate = 2 and a half years.

Not sure if $120,000 estimate covers all costs though.

Cant see why MHL will need to raise money in the near future if they have Medina paying for all operational costs.

You should see MHL making $$$ soon without the need for capital raising.