Yep.. exactly what I was worried about.. 2 major things to take note of:
1. Continual cash bleed which I assume we all expected but not as bad as what I thought it may have been (I was expecting closer to 3mil negative)
2. A drop in revenue from previous corresponding quarter and this was not even mentioned!
From the sounds of it though, next quarter could possibly be a good one. I wonder if that 3 mil line of credit will prevent another CR? Changed sentiment to Hold from Sell but at this stage I am not getting back in.
Yep.. exactly what I was worried about.. 2 major things to take...
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