Obviously you have not read the Preliminary Annual Report of the company Coolstocks. Grant Thornton the companies auditors noted that there was Material uncertainty regarding continuation as a going concern.
So with $3.7m of cash after short term liabilities and that was in June, a burn rate of approx $4m a year, these guys have until about Xmas before the lights have to be snuffed.
Good luck, hope you are right that the new sales guy is as you call him, a guru, he will need to be.
BLT Price at posting:
37.5¢ Sentiment: None Disclosure: Not Held