Cash/ cash equivalents at end of qtr 4.48mil... next quarters cash outflow projected to be 1.96mil leaving 2.52 mill... So in 2qtrs there will nearly be no cash left unless additional shares issued... The application still doesn't function correctly after 4mill burnt on r&d.. So unless there are some unknowns in the pipeline how is this a bargain? Threds will have no cash flow at the end of the year.. will investors find an app that isn't consumer friendly? Drastic change is needed soon.
Ann: Market Update & App4c Quarterly Cashflow, page-55
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