"This may look like years away but its not.. "
It doesn't have to be. At $500k loss per qtr. We have until about mid year to either become profitable or cr again. Maybe if we stop marketing like we have this qtr, then we can slow the bleed. But it also slow the sales as Doogs has indicated.
Throw in the costs of a "new" product, and potential the cash stops sooner. We need someone (aka JP) with deep pockets to fund us via debt/con note. That will avoid dilution and potential get us to breakeven point.
Not long now until we get news on sales and costs. Fingers crossed.
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Charles Armstrong, CEO & Managing Director
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