General, page-530

Nothing wrong with looking at the companies cash levels I think. In lieu of anything happening in the near term with Pine Belt or ICL, Alexicool sales with Serta will have to carry the load. If the status quo continues Alexium probably has 2 more quarters (3 if they fully draw down their facility again) before needing a CR.

Now the fact that Serta only recently did their new product launch which includes cooling in foam is a positive, but we will have to see how much that actually helps our bottom line. My thinking is it will help a lot as it seemed for a while our sales basically trickled down to a negligible amount not too long ago. (When Serta stopped using us until we demonstrated we were the better product?)

All remains to be seen. Sad part is we might not even see it in this 4C.