OSP 0.00% 20.0¢ osprey medical inc

Yes - directors & management still getting paid so all good -...

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  1. 7,338 Posts.
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    Yes - directors & management still getting paid so all good - thanks

    sales/cash receipts 'only' have to increase approx 3x = 300% to break even. I hope the US$11 Mil cash on hand does not run out before then. Approx US$2.5 Mil loss per quarter = approx 3 quarters before a CR, maybe 4 quarters if sales continue to increase.

    I guess GE is waiting till OSP is on it's knees before taking it off our hands for a song.


    https://hotcopper.com.au/data/attachments/3411/3411332-670044aaa49267dc18ac142781f27c9c.jpg


 
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