Announcement says they will save $250k p/quarter. Since we are...

Announcement says they will save $250k p/quarter. Since we are near the end of the current Q lets assume it will be reflected next Q onwards and current Q cash burn will be similar to previous Q ($1.8million). Im concerned by lack of information give on the retrenchments (costs if any).

Im estimating cash at bank end of quarter approx $1.5-1.7million, and that will be including an increase of revenue which gives them one quarter's worth of cash leftover which is why I think SP is headed below 10c.

Its a legitimate company (not running on hopes and dreams). They may only need to raise once more before cash flow positive. Ill be buying in the near future.