Imagine releasing a QTR that shows your burning $6mil a QTR and you have $1.7mil in the bank. If those variables were constant CYM would've been out of cash before they released the QTR.
Thats the position of strength you walk into the battle field with for negotiations. No wonder Cym had to give 1:1 oppies and ALSO contingent on Bonds.
So the next battle cym could now be in the red? Is it $2mil or $4mil they've already burnt? Or did they reduce the burn rate?
They could be raising $10mil and $4mil has already been spent. But that's ok guys boslo and bw are prepared to stump up more $$$.
Im not surprised people are struggling to get a hold of Barry for answers to some tough questions. It appears plenty of HC holders don't care about burn rate, unfortunately instos / softs sure do.
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3.1¢ |
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Mkt cap ! $47.30M |
Open | High | Low | Value | Volume |
3.5¢ | 3.6¢ | 3.1¢ | $75.42K | 2.231M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 505993 | 3.1¢ |
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Price($) | Vol. | No. |
---|---|---|
3.4¢ | 1000000 | 2 |
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No. | Vol. | Price($) |
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2 | 505993 | 0.031 |
2 | 46001 | 0.030 |
2 | 127359 | 0.029 |
6 | 798821 | 0.028 |
1 | 285000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 1000000 | 2 |
0.035 | 100000 | 1 |
0.036 | 81384 | 2 |
0.037 | 340946 | 2 |
0.038 | 330000 | 1 |
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