News: AB1 Animoca Brands Corp Entered Into Earn-In Agreement With Venture Classic Ltd, page-38

The company had $2,047,000 at the end of June.

$4,500,000 million was raised in July.

$1,000,000 to be received in Q3 for Crazy Kings HTML5 version, announced in July.

$1,500,000 raised in August from Lympo and Sun Hung Kai.

$150,000 per month paid from ICI starting in July = $450,000 over Q3.

I estimate revenue at $3,800,000 for Q3 but let's assume $3,400,000 to be somewhat in-line with the last two quarters.

That gives a total cash pool of $12,897,000


Estimated spending in Q3 = $4,468,000.
Acquisition of PixOwl = $709,133 cash.

Leaving an estimated $7,719,869 at the end of Q3

October 2nd we agree to pay $1,000,000 cash for an investment in Venture Classic Limited.

So today, I'd estimate cash in the bank at $6,700,000.

I'm expecting revenue to increase in Q4 with the CDH Android release, but let's pretend it stays at $3,500,000.

Let's assume spending isn't as high as Q3 (developing CDH Android) but it's still around $3,800,000. That leaves $6,400,000 on December 31st (of course assuming no more acquisitions and no huge director bonuses).

With CDH Android in full swing, Sandbox and their other games, plus Beast Quest releasing, Q1 2019 is likely to see $4,000,000 revenue or more.

From here on out if AB1 can continue to produce $3,500,000 or more revenue, they aren't going to run out of money anytime soon.