I think 2 quarters of cash remaining is misleading. If you...

I think 2 quarters of cash remaining is misleading. If you remove the PPP cash injection from operating activities, they were negative 1.03m this quarter for operating activities. Given they have 0.83m in the bank and no foreseeable inflows from investing activities, the conservative view is they have less than 1 quarter cash remaining (assuming no receipts from new opportunities including Nanodx which could change). Of course cash receipts could improve going forward as management have guided but credibility is a concern at this point...Good soak yesterday considering IMO.