No doubt they did a good CR for $1.1m last month. But they only had $360k in their bank left. This brings them to a total of $1.4m of cash IF they haven't spent any money for the past few months.
In order to proceed with their projects, a total of $1.4m isn't going to be enough. I'm waiting to see when/if a CR happens, what price will that be raised at. Definitely a good stock to get in.
Sorry to post this on a DT thread. Edit: i'll probably get flamed if i post this on the RLC thread
