Based on the last quartely we burnt about 200 k , raised a million so we had basically about 1.2 in the bank , didn’t include the forensics team which made approximately 800 k ebita positive last quarter , belgravia group investing there second tranche of 1 million .
Thats basically 3 million we should have in the bank not concluding the quartely to come , they seem confident cash burn is coming down in the webinar and in the next quarters to come we should make a profit , if we add the forensics team to this quarter and they increase there ebita role we should have 3 to 4 million in the bank eventually we are going to look cheap let’s see how this plays out .
options will eventually be in the price to convert meaning another few million on the table eventually we can buy out another bigger player and increase our status Goodluck holders my head is playing this out let’s hope it’s seems this way
Happy new year to all and please don’t let this be end of the month quartely .
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