Actually this is better than expected. At the end of the quarter...

  1. 4,052 Posts.
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    Actually this is better than expected. At the end of the quarter they had only spent $220k of the $500k borrowed. This means they should still have approx $1.5mil now (1 month into the next quarter). With expenditure finally dropping they have some breathing space to pull their heads out and produce something.
 
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