Hi Tebley,So the truth lies somewhere between $1.0m (my...

Hi Tebley,

So the truth lies somewhere between $1.0m (my figures), and $2.0m (oooah'sfigures), meaning, let's split the difference.

At $1.5m, that still makes for a net $3.0m+ cashburn during Q1, and that's:
1)
after we take account of the Q4 capital raising;
2)
before we factor in increased Q1 OPEX to support increased Q1 revenues;
3)
before we factor in increased legal, consultancy and other management charges linked in to re-negotiating the FNT deal;
4)
before we factor in for additional CAPEX /working capital requirements to support the additional switching efforts in the USA (including the 214 Licence application /costs of award) - etc.

Simply put, ATC may well end up becoming cashflow positive, and profitable, but not to the extent to which posters on this forum have otherwise been suggesting.

And, if by chance the deal with FNT is not closed soon, then say what, tomorrow's cash balance?

That said, I thought that closure of the FNT deal was required for today. Or, am I missing something here?