Always looking to grab a bargain. I tried to read the play here...

Always looking to grab a bargain. I tried to read the play here with an entry expecting a bump to raise and made a small loss. Still looking for a long trade because the FP industry is an interesting place, its definitely undergoing change and IAM has an opportunity to capitalise on the disruption occurring in this space, but progress has been slow, the CR was at a terrible price for long term holders and in the last 12 months they have reduced their cash by over $900K a quarter

There is a poster on here who keeps stating they are only losing $80K a month, which is just off by miles

Now they have another 7 months to April 2019 before they have to start thinking again about raising cash unless revenue increases significantly. At current cash burn they will have about $900K left in April 2019