1PG 1-page limited
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*Using the current receipts as an average is 350K*4 = 1.4M...

  1. Invesorys
    768 Posts.
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    29/11/16
    09:30
    Post #: 20952236
    *Using the current receipts as an average is 350K*4 = 1.4M
    *Expenses at 3.5M approx average per quarter = 14M yearly cash burn.
    *Current receipts barely cut 10% of their revenues.

    -Have you also noticed how much their expenses increased from last quarter? More than 1M expenses increased for a 200K revenue increase.
    Last edited by Invesorys: 29/11/16
    1PG Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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