taking off!?!, page-22

On my reading, even if the positive sales results continue, they don't have enough cash to last long. See my post in the brendan dow on brr thread.

Also, if you read the quarterly report, you can see their cash burn can't be sustained for long.

We would need simply ridiculous sales to be able to get by without another CR or borrowing.

They probably could borrow but the best option IMO is to do a decent CR when sentiment is positive.

Someone mentioned they might bring an institutional on board and a 1 for 5 SPP for holders. I think that is quite possible. I think they'll raise somewhere from 12 - 16c. Can't see a capital raise at 17c+ getting too much support unless there is some ridiculously good news.

The need for funds is there and they must borrow or CR within the next year unless they want to do a panicked CR later.