looks like it. $150k is expected to be left in the bank at the end of December ($930k if all of $785k worth of options were exercised during the quarter). the best case scenario: they will run out of cash by the end of March, the worse case scenario: they will run out of cash in a matter of days. Unless a belated Christmas miracle will occur soon, we are looking at another capital raising at a massive discount or the company goes caput.
looks like it. $150k is expected to be left in the bank at the...
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