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MOU2 and MOU3, page-51

  1. neutralopinions
    2,369 Posts.
    lightbulb Created with Sketch. 67
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    03/02/17
    21:57
    Post #: 22364657
    I understand its Friday and you and Davy Boy have had a bit to drink ?

    Predicted burn per QUARTER ~900K
    Cash Left ~ 2.8 MIL

    Q1 (Jan -Mar) = 900K
    Q2 (Apr - Jun ) = 1.8M
    Q3 (Jul - Sep) = 2.7M

    They will look for money in 2nd Quarter ( APR - JUN ) after trying to plump the price via MOU.
    IAM Price at posting: 6.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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