Assuming that 1PG continues with the same cash burn of 12M per...

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    Assuming that 1PG continues with the same cash burn of 12M per year and that they have 37.8M cash which gives just over 3 years.

    Now let's say they have 280K revenue per year right now and assuming they can top that by 50% per year = 945,000 by time cash is at zero which is completely insufficient.

    Don't understate a poor situation. There are companies I know which are trading at a price where their revenue is 5 times worth their market cap.

    It's also 1.2m cash burn per month this quarter.
    Last edited by Invesorys: 24/08/16
 
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