Ann: Results of Meeting, page-28

Last 4C showed anticipated cash burn for the quarter we're in now as $513K. It was only down in the previous quarter because of R&D rebate, which is a once a year thing. So they have 3 quarters left, maybe 4 if they run on fumes and next year's R&D rebate.

I'm on the fence about Loyyal (I'm at least 50/50 that it is just Disallowed) but I don't think there's any good reason to think that there's going to be a sudden infusion of revenue in the next 3-4 quarters from Loyyal. Even if blockchain for loyalty programs was a good idea (Narrator: "it isn't"), it's not going to suddenly be a burst of serious revenue getting them out of their current situation.

Voting down the CR just means doing another one later on worse terms.