It appears as if the main source of revenue at the moment is...

It appears as if the main source of revenue at the moment is this Indian company
Laser tv hasn't taken off yet

It has about $14 m in short term debt due

$4 m in cash

At a guess it requires about $3 m per quarter
or $12 m for the year to keep going

Wilkie has said this

"We have appointed a new CEO to investigate our supply chain in India (the majority of the AR), resolve an issues and collect asap. It is his primary focus."

It seems like the Indian telco is holding out and it appears like their payment for equipment is the thing that will determine whether this company will survive or not.

Perhaps if ARR can get this money it will survive long enough to reap the benefits of laser tv (ie if consumers take to brighter screens)

If they don't get the money the company may go down the toilet.

The company is just a bit ahead of its time I think.

The problem with laser tv is that it is a consumer discretionary and I don't think people will buy them in an economic downturn in any case. Luxury items like that are at the bottom of the shopping list in bad economic times.

Anyway things are never as bad as they first seem on the stockmarket. So the company could maybe just pull through.