Outflows of $320k from a month ago. That's about $106k per month. Cash of $161k. A month ago. Meaning that they should have about $55k left and outgoings of $106k for November. CR of some description is definitely this month. The question is, can they find any takers? If not, it's goodnight.
I predict a terrible deal is coming and that current holders will be diluted up to their eyeballs. Well, it's not a prediction, might be deja vu.
It's a cheap shell if they had any cash. They don't.
Ann: Resignation of Chief Executive Officer, page-11
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