I'm back going over the 4C again.Squeezing over and over the numbers I reckon we could sneak through with negitive operation cashflow of $250 next 4C, and with a mil in the bank, that would give us 3 more quarters funding on that metric.
It's another 50k from the 130k contract I budget coming in for this quarter:
The subscription division expanding by another 10%.
Interface and B2B avatars at $420 per year. 11 of these in February. Add 50% per month in growth and you only get, if lucky an extra $150-250k for the quarter.. So really not significant, alas to keep the lights on, which makes the difference. However over 2-5 quarters, this IS Compounding so eventually will become very significant!
So I guess it's up to management to decide:
1. Squeeze through on a shoe string with steady growth.
2. Grab some sofs in a small raise of 1mill to keep up the pace and security for a slower than expected growth.
3. Go for a full CR and dilute like hell - again - which probably wouldn't get well funded from shareholders unless sofs and directors back it up with most of the funds
4. Sell a few more shares again
5. Another customer or two turn up with 150k each. ..
We have been out in the market for quite a while so there is a very good chance this will happen in the near future.
So crunch those numbers yourself, and let me know if your results come out any different..?
(20min delay)