R&D in bank to give positive cash flow last qtr. this helped them stave off going concern remarks in 4c.
This qtr they had $1.2m
$600k wages etc. will come out.
I expect minimum $500k R&D
(year to date is circa $3.5m)
So don’t give me this BS about a CR not required.
The only way is getting the options over.
The only way of doing that is getting stellar Covid results.
They must be pretty confident in Covid results (I’ll bet they know a lot already) because this is a train wreck without any fuel in the tank. A business should never run like this. Most unprofessional.
Risk v Reward now solely on C19.
Options best RvR.
BIT Price at posting:
3.5¢ Sentiment: None Disclosure: Held
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