Ann: Cornerstone investment by Capricorn raises $7.175m, page-421

@Alabamawhorley

So you like to debate facts on HC

You have seen the latest 4C and can easily project Staff and admin of $10pa

So when do you expect SPX to earn revenues of greater than $2.5m a quarter to cover this and other expenses - that is if the $10m Staff and admin remain constant - unlikely

You know the cash burn rate now and cash in the bank figure NOW

So will they need another Capital Raise before end of 2024 as if you think no - you would have to assume revenues well over $10m in 2024 Calendar year

How do you justify a MC of $100m or so at say 2c

$2,5m revenue quarters for 2024 will be no easy feat and this won't even lead to CF+

We possibly have transition and integrations and more staff costs etc


This is debating real questions not down ramping