In your calculation of 2.6 quarters of remaining funds are you simply dividing $3.3M cash / $1.3 average burn? (equals ~ 2.6)
What about: 1) the $1.5M R&D receipt due? 2) The first European sales of Pro D which are advised to be commencing now? 3) The anticipated licensing deals which are very much on the table during the timeframe we're talking? 4) The increasing Analytical Services revenue stream?
PIQ Price at posting:
$1.01 Sentiment: Buy Disclosure: Held
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