Unless there is sales revenue coming in that's above expectation then yes of course, Norwood remains in dire financial peril and in need of another cap raise or loan. This quarter they should be getting their R&D credit, but most of that will go on their loan. They will again draw down on that loan, they may get another advance from Spark or Paul will again get on his knees for another CR.
I don't know why you feel the need to ask me this though. Your post makes it very clear you know what's around the corner for the company. It's almost like you can now vent at me for telling you what you already know? Does it make the reality a bit more acceptable to you?
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2 | 19148 | 0.031 |
3 | 91234 | 0.030 |
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5 | 550000 | 0.026 |
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