mak,
What do you mean by
"but they have more than just cash reserves equalling $6mill." Where and in what form?
Cash was reduced $8.2m during the year. At current rates they have about 4 months cash left.
On a more general note, consider that one bay before the cut-off for announcing results, the company still hasn't got the auditors to sign off on the financials and they are getting close to running out of cash.
financials have been released, page-42
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