Ann: Monthly Activities/Appendix 4C Cash Flow Report, page-5

its been a long time since i looked at stocks , started filtering thru recent new healthcare stks , and this caught my eye,
main reason is they already have a established product to sell, unlike other start ups that need to develop there products ,

but as matt said they are burning thru cash as fast as they can, they are going to make short work of the $20 million they rasied,
the board are paying themselves almost $1 mill in wages, out of the $5mill annual loss they are running at,

in one of there releases they stated 35% margin on COG, so they need maybe $12 milllion in annual sales just to break even,

all looking quite bad, but admittedly they have started from zero, CAU are baiscally s new branch opening for the parent company in canada

going to need parabolic sales just to cover costs , also need annual sales of $20 mil a year in the next 3 years to make it a viable wothwhile profitbale company