Not a bad 4C at all, but not exactly a breakthrough sort of 4C...

Not a bad 4C at all, but not exactly a breakthrough sort of 4C that this company desperately needs.

Record cash receipt is very good, but operating costs are still quite high => mgmt might need to look at cost cutting.

$3k cash burn per quarter vs $9k cash in the tin => they need to have a significant boost to revenue to avoid a capital raise in the next 12 months.

Does anyone know what the $200k related parties transactions are for?

Also why did they stop producing this revenue comparison chart. They did it in Q1 4C. From the cash receipts, it looks like revenue was up, but I'd like to see the breakdown.