Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-10

just read this, rough beer coaster type look (and nobody likes beer)..... at 30 wells gets $140K (whatever that actually means?)

needs another 250 wells of revenue (on top of that 30) to cover annual office costs and dir fees....
then need some more wells to cover the actual manufacture costs by whoever it is that makes the stuff...
and then need some more wells to cover the annual payments required to cover that near $20M odd "debt" they have to old mate USA and the additional "commission" sales pople they now have......

so after all that HCD just need to add some more wells on top of all that to actually make a profit so that they can do it all over again next year without doing a CR......

not impossible......

stay well