I could probably delve a bit deeper if I had the time but, Section 8.5 of the December Quarter 4C states: "Estimated quarters of funding available" as 11.5. Negative cash flow for that quarter was $342k.
I would be interested to know where you get the $1.5-2.0mm figure from? Do I need to go back a bit further? I thought I was being conservative with taking apx half their number.
March Quarterly will shed more light on the whole thing. Either IPG/Kinesso is a big thing, or it is another broken promise
Ann: Adslot signs Marketing Alliance term sheet with Operative, page-8
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