Based on their current cash balance, and cash burn per quarter of around $250,000 , the last announcement which detailed their financial reports estimated they have around 5 quarters of cash.
So 3rd quarter 2020, 4th quarter 2020, 1st quarter 2021, 2nd quarter 2021 .... etc .... is funded.
This is a clear message that no capital raise is expected this year.
GEV Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
