DEM 0.00% 16.0¢ de.mem limited

Ann: Quarterly Activities & Cashflow Report, page-3

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  1. 48 Posts.
    lightbulb Created with Sketch. 6
    Revenue ~ 2.5m (good job and on its way to 10m this year!)
    Loss ~ 731k
    Cash in bank ~ 2.3m

    At current burn, cash will run out in 9 months!!!

    I don't see how this is "well funded"?
 
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