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02/11/16
00:23
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Originally posted by wagyuboy
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"Management and the Board is focussed on the liquidity position of the business in the context of business performance and the benefits of any planned expenditure. When considering the future performance of the Company and its capital position, Management is further bolstered by the continued strong growth of roles with agreed fees between recruiters and employers as shown in the graph below."
.. this suggests that they are tracking ahead of where they forecast for placements for this qtr..
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Rfn
Cash burn 3 months 1.2 m
Rev 173 k
Market cap 7 million
Survive 3 quarters without cap raise
Search party
Cash burn 3.1 million
Rev 92 k
Market cap 26 million
Spending more this quarter then we have in the bank
Interesting times