VPC - Daily Discussion, page-1338

With all of the focus in the recent announcement being on NowForce and the raising at 0.008 did anyone else notice this line:

"Velpic’s cash position (unaudited) as at 31 October 2017 was $2.17m"

This means we have only incurred a cash burn of $200k for the month, vs $877k for the September quarter!

Looking forward to an update from Velpic on sales growth in October and November as the above reduction in cash burn is considerable, equal to $90k/month!

Could be looking at CFP by June 2018, or even earlier depending on sales growth acceleration.