1PG 1-page limited
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Jesus! $5 mil cash burn for $94k revenue! Didn't they said they...

  1. Stockrocker
    7,057 Posts.
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    02/06/16
    22:50
    Post #: 17939348
    Jesus! $5 mil cash burn for $94k revenue! Didn't they said they expect material uplift in revenue this quarter? Would $24k uplift be classed as material for a co burning $5 mil per quarter?

    With that amount of cash burn I'd expect this to go down to cash backing at least.

    How did those who took up the cr at $4.50 got it so wrong ?
    1PG Price at posting: 47.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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