I like your thinking. If we see $3M+ in receipts in this 4C, then I suspect the market will look pretty favourably on anyone who triples their revenue. Unless there was a cost blowout, we would be back in the black, and quarters of funding left become infinite if you're turning a profit.. If all that happens, pretty sure the 6 cent options come into play.
So, I wouldn't put that in the "minimum requirements for this company to be a going concern", it's more like a tattslotto win for me.
I'd be more than happy with $1.5M figure in the receipts from customer column, because that would probably get us 3+ quarters of funding (depending on what costs are doing).
UNITH & CONVERSATIONAL COMMERCE RIGHT TIME RIGHT PLACE, page-46
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