well, initial - 35% = 67 - 9.8 on hand - 10 raise - 2.25 acuity - oversubscription (last was 4.5 or something like that so let's guess another 4.5) total: ~41M still needed. I definitlely don't know from where I got 35-37 when it actually is 41-42. My fault. I don't have an excel. I'm studying and I just keep an eye on gln. The numbers have been the same for years. Take my loan of 40Million up to 45 and 9M/year for 5 years with a fcf of 26M/year. The period don't change as it dosn't depend on time since the cash burning per month is constant. Next time we will be close to $0 cash in balance expected to be 20-25 August. (if jp's balls want and if god give us a break) we will get another ways of funding without depending of cr's for the 40 millions left.
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well, initial - 35% = 67 - 9.8 on hand - 10 raise - 2.25 acuity...
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