Good points, they have about 1 million, with an anticipated cash burn of 800K in the next quarter, It's a tough market, I know well. The EoFY will be a good indicator, but I am a realist, sales are less than inspiring. I invested early because I believed in the disruptive referrals idea, that hasn't changed. I'm sure a potential buyer has a similar view and is waiting to snap Reffind up too, even if to remove it.. HR recruitment is uber-tough market too. Otherwise the Directors need to find more cash... these tech start up investments are knife edge stuff and not for the nervous or twitchy investors...patience and resolve is a prerequisite..
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