VTI
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0.00% 12.0¢ visioneering technologies inc.

cash burn

  1. wanchai
    94 Posts.
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    02/08/04
    09:41
    Post #: 533038
    Burned $7m to June 04. Would be good if management would advise what level of sales needed to go cash positive at this burn rate. It is probably $100m. What is the chance of getting this in 2005. Don't know because company won't give any decent info. They need more capital soon, that's not good for share price.
    VTI Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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