They had $1.1 mil cash at end June 2018
They are burning $300K a month
They have right now $800K left
You find it "very very difficult to believe" that a company that calls an $800 SOU a commercial agreement with a leading financial entity would let cash get below $1 million. Cash is below $1 mil right now at this very moment. They have always spent more than they predict every single quarter
They had a chance to raise in March when SP was over 3c and the global indices were tanking, could not have been a better time to announce funding needed to fully develop CBA opportunity, yet they let it pass like a bunch of amateurs
IAM Price at posting:
1.5¢ Sentiment: Sell Disclosure: Not Held
