Ann: LOI Secured From US Based Cyber Security Company, page-4

Hi Von,

I saw your post about this company on the daytrader thread.

I had a quick look at the quarterly and see $1.4m cash and expected spend of $1.7m.

Are they expecting a cash surplus this quarter or is there the possibility of a CR?

I had some real fun with SAAS companies back in 2012-2015, I am acutely aware that loss making SAAS companies is usually a sign of investment in growth - but how do these guys intend on keeping the lights on next quarter?

(Not being critical, genuinely interested in your knowledge)