Good question,
They announced the IPO raised $4.732m
Costs of the issue x 9% = $425,000
They had $79,000 at June 30 but raised $1,050000 via convertible note but paid off debt of circa $750,000
Estimated costs for the current quarter $345,000
ePat had some cash, assume $200,000
My best (guess) is a maximum of $4,541,000
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