but Rob they have to be spending that money on something, it's not as if they're simply paying management's salary for the next 6 - 12 months. They do have some revenue coming in (i know it's not enough to cover qtrly cash out), but their research and development has to be going somewhere otherwise the company would be non existant.
as per their last presentation, they have two products at near market launch, Readrite and DiagnosticIQ, with a handful of others in development stage.
They will (have to) release an update soon and will have to evaluate from there. I believe it is their reporting that has led the price to where it is, not the product/potential. As no one really knows where they're at.
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