Lets have a go at this I've a couple of beers so bear with...

Lets have a go at this I've a couple of beers so bear with me.

1st batch has been changed to "approximately 12"

12 X $750,000 = $9,000,000 million 

as off june we have paid $7,413,407 and $2,690,000 june to Jan = $10,103.407 

That leaves $1,103,407 plus the $1,423,000 from the end of the quarter = $2,526,407 

$2,526,407 + $15,000,000 CR = $17,526,407

$12,000,000 worst case for launch 

$17,526,407 - 12,000,000 = $5,526,407 left in the kitty.

Meir might even be able to get some more of those fancy paperclips.