Based on previous quarterly, unless the revenues increase significantly, the $5m will last ~6months as they burned through $2.5M in a quarter (WOW!). Unless they can stem the cost bleeds another raising coming up in 6-9 months. It's all about revenues, cashflows and costs at this stage and unfortunately even though I like this one don't think it'll improve greatly in the short term as they are still in the investing stage and deal signing (in other words still very early in its life). Good luck to holders but the way the CR was done at such a discount with the oppies there will be a fair old price compression for some time. Lets hope they can keep announcing positive deals (that are revenue generating from day one). I also think the broker bent them over beautifully on this CR. They are the winners.
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