Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-38

I get an estimated 2.2 quarters.

Still indicative to me a raise could be required in 3-4 months.

There are also a few assumptions.

Someone mentioned above an increase marketing spend of up to $1mill?




There is also a note in the 4c about increasing the inventory build which sounds like it will exceed $500,000 - especially when it seems to average much higher in 'normal' quarters.



I personally think 2.2 is optimistic and still stand by opinion and estimated 1.75.

Your 7 quarters makes a lot of assumptions.

1. That CCO drastically reduces cost of procution when it has seemingly been unable to do so for the 5 years since being listed, and
2. The options are in the money for future conversion.

Without either of the above there will possibly be a requirement for further capital in the forseeable future.

I dont think you can say like you have in another thread today that capital is not required. in my opinion I believe this could be misleading...