Does anyone know what the current monthly cash burn is? I think this will be a good indicator of how long the company will last before it breaks even, gets bought out or needs to do a capital raise.
I still love the concept but to run on its' own two legs it will need to increase revenue quite significantly and quickly.
It really has 3 assets - IP of the software, merchant network with internet enabled tablets, large consumer database.
These assets will probably be worth something to someone. Who and how much?
RXH Price at posting:
6.1¢ Sentiment: Sell Disclosure: Not Held