Well we now have a better picture(or should I poor picture)
- Only $400K left in the bank, these guys can spend $300K on admin in 3 mths doing nothing.
- the activities report was just a re-hash of Oct report, with the added news that SXY don't have to do anything until Nov.
PGS barely has enough to get them thru the next 90 days, let alone Nov, so I have to concede Custom44 was right on the money....
Very disappointing & with sales at 2c on the open showing whats in store....
Ann: Quarterly Cashflow Report , page-2
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