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2,026 Posts.
174
30/09/19
20:55
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Not sure if you ever bother reading the financial reports.
I'll dumb it down for you to save you the trouble.
Three months ago you had 1.4 million in cash.
You're burning cash at roughly $550,000 a month meaning you either in the red or sitting uncomfortably close to it.
You're also sitting on a $993,000 debt to Obsidian. (250k of any raise is required to go towards this debt)
You are out of cash.
You need to raise.
You need to consolidate to raise.
"Stick to current facts not old irrelevant history."
Thats the facts ...
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