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Mergers and Acquisitions, page-25

  1. 21,440 Posts.
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    Stayso and RBx

    Last quarterly indicated just over $6m cash at end of March 2019 with cash burn over $3m a quarter

    We are now heading toward end of July 2019

    Do either of you expect some good news anytime now as based on projections they would only have around $2m cash left until end of 3rd qtr

    Sorry to mention a CR but GK did mentions cash position and budgets etc ..

    Wouldn't want them trying to raise capital at around these lows in short term

    DYOR
 
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