Highly doubt the company would raise at these level to acquire...

Highly doubt the company would raise at these level to acquire only about 3m-ish, unless a huge pump occurs. The current funds can support the next 4 quarters, and that's if the cash burn continues to remain 2m+ per.

Should the company attain a positive quarter, then the current funds would suffice for 5+ quarters (i.e. more than a year).

The cash outflow the past 3 quarters has been around 2m, 1m and 3m. Around this time, last year, was when Keytone had its best quarter. GLTAH.