PainChek General Discussion, page-887

It will be disappointing if no revenue is earned this last quarter. There are RAC using the app who's trials have ended and who have publicly rolled out the service. While PCK have made announcements they have previously said they would not announce every small contact win.

To me this means revenue must have started this last quarter. It won't be a lot but it should hopefully prove concept to some degree.

They had $4m in the bank and will spend $1m leaving $3m at June 30. Depending on whether they go back to their usual $650/qtr or stay at $1m/qtr (or spend more!) They have six to twelve months until they need to raise. It's probably not fair to rubbish anyone suggesting a CR if you are being realistic.

I'm not sure if the dementia app will be sufficiently profitable by that stage to prevent a CR. Certainly the kids app won't be earning anything.