Hi- Thought I would start a new thread as I am looking at IMI with interest.
My question is :
Am i correct in "guessing" that they should have about 2.3 mill dollars in the kitty and a cash burn rate of about 1.5 mill per annum ? If so then I expect that they will not need to raise cash until 3 to 4 months from now unless of course their revenues pick up substantially.
I am trying to get a better understanding of the financial siuation for IMI and I am shure there will be soime good people in HC that would care to share thier views good or bad
I dont hold at the moment but want to understand a bit more before dipping my toes.
Hi- Thought I would start a new thread as I am looking at IMI...
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