Nice to see another green day. Also nice to see we still have 17+ million in the kitty......whittled down from 28+ million we had when we were at the top of our game with the pending IMAGINE results looming. However it's mildly alarming to observe that the outflows for the next quarter is 4+ million. That will leave us with approx. 13 million in the kitty. If each quarter has a similar cash burn...we'll be in somewhat of a questionable financial situation by year's end. Perhaps management might consider informing the market at some stage ...particularly if a CR is imminent. Or perhaps they will just issue millions of more stock at 4c....further diluting everyone's capital value. It's difficult to predict what will occur but I suspect the cash will continue to deteriorate with no word at all...as it has done for a long time now. Very disappointing !
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63 | 101877103 | 0.002 |
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Price($) | Vol. | No. |
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