Thanks Banker. It would've been better if he/she could fill in more supporting evidence of how he/she got the numbers. It seems sloppy and doesn't live up to HC's thread starting protocol. Also, I mis-read what he meant by CR. I thought it meant something else rather than capital raising.
So qinjun88's assumption from current level of cash from 1.8 mil to 1.3 mil by December is based on the assumption of roughly cash outflow of $167k per month. Is the expense assumption based on what Ruwan said in the Morgan's interview - that Rewardle needs roughly 2 mil per year to run?
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Thanks Banker. It would've been better if he/she could fill in...
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