ESN 0.00% 1.6¢ entellect limited

cash position update?, page-7

  1. 959 Posts.
    Hey Odyssey,

    The total raised was $485k, of which $110k was through shares and the remainder ($375k) through convertable notes.

    See my post above.

    Either way, enough cash to last for a while and that's without taking into account any revenue.

    Also, the cash burn amount that I have included in my post above is a worst case scenario and it should be lower than that (it's based on last quarter's cash burn but last quarter's cash burn included the finalisation of the app/launch - one-off costs).
 
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