Brent - PO has said the company has funds for "non discretionary overheads" which can last a long time. Ask yourself how long could NORs cash last if they dropped the advertising and spend and stopped spending on other non-essential items? Long enough to negotiate their deals through to completion? Maybe that's why he is relaxed.
I don't think that they will be bankrupt in 10 weeks at all. Extrapolating the current cash burn rate in a linear fashion is a plainly flawed assumption. Just my opinion.
Brent - PO has said the company has funds for "non discretionary...
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3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.09M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 1440 | 1 |
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