A turning point could be underway imo
Cash = $1.9mill
Raising = $1.7mill
Revenue = $900K +/-
Next qtr expenture = $1.2 - $1.6million imo
Gee if they can sign up some lisencing deals along with a little more revenue from core business and at the same time meet their cost reduction targets, FRE could be trading cashflow breakeven this qtr or next.
FRE now trading just above cash backing.
3-6 months could see a significant re-rating of FRE imo
Cheers,
The Sparkler
A turning point could be underway imoCash = $1.9millRaising =...
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Mkt cap ! $17.78M | |||
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