Hi Patrickm Thanks for the reply, though its a bit of a worry when the quotes start out with "Could" when reffering to cashflow. Dont worry, i'm definately a fan of the company and technology, but would really like to get an idea of their exact financial position right now, after the last deal of $500,000. Everything else is maybe and hinges on future deals or results that may or may not happen. To you have any indication in your research exactly what their financial position is at this point in time-ie cash at hand to fund future research and trading if no more payments were recieved in the near future. I know we Should recieve more without a doubt, but the current financial state would give an indication of worst case. To me this is a race between a significant deal happening and running out of cash before that happens. Quarterly report for 29/10/10 seems to list cash on hand as 2.5 million, not including the 500k payment. Not sure what accurate estimate or right now is.
PYC Price at posting:
7.1¢ Sentiment: None Disclosure: Held
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