Have found out the following. Will be doing a plcement in the next week. Are still giving out 600-700 feebies per day and are converting at a rate of over 5%. This equates to 30 * 600 * .05 = 900 new paying customers per month @ 3.50 per month = $3,150 at the end of 12 months the take should be at least 12 * 3150 = $37,800. So I feel without a major deal that generates them revenue they will be still in cash burn mode after 12 months.
Anyone got any further comments.
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