Ann: ZCS Facility Cash Paydown, page-97

How are fundamentals improving?
It is seasonal, they are down on this time last year. Accumulated losses are growing, where's their next round of funding going to come from as they are not yet profitable? My guess is another tranche with Alto, can't see anyone else giving them money, maybe the same "sophs" that did the recent raise might throw them some more cash to burn. Or maybe the Directors might pay back their loans? Haha.