I take that you are referring to the Dec quarter update that was released in January.
I accept your calculations based on that information, but why haven't they provided an update on burn and cash at bank in this quarterly update?
Have they received the $1m R&D?
Has the $500k been released from escrow?
It would be great if the company advised if they had. These amounts are material to a company this size and they should advise the market when they receive them.
Ann: Quarterly sales update, page-30
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