They have recieved most of the 8.5m cash. 2.1m was pending at end of last quarter and recieved 500k more this quarter. There is 1.6m cash pending from my understanding.
They also don't have a payment due in September anymore with terms in the last CR, so you could say thats cash equivalent, agreed?
They had over 7mil cash end march quarter. Plus the 500k from the later payment.
I find it hard to see substance in your posts when your calling people out for creating conspiracy theories... when your first post back is read just like your own conspiracy theory. Your basically calling management out on their announcements. Why dont we wait and see some updates before we start calling them liars.