They mention secured funding for large clients, what level of funding that is nobody knows. If current pace is maintained, they would literally have 30 days of cash left. Either they know some sort of cash injection is happening between now and then or they are confident of producing the almightiest of quarters to run themselves into the ground over one more quarter. Seriously sales are going nowhere, cash burn seems to have reached its lowest level as now it is consistent over numerous quarters and the Australian business is nothing but pathetic.
Without further funding I don't see how this can turn itself around with $178,000 or whatever number it has left in the bank at end of the 3rd quarter.
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