Where is the money coming from?Have a look at the June 30th balance sheet. Then look at the press releases since then. They are out of money unless they've laid most people off.
At June 30 they had
- $67K in Cash
- $164K in Receivables
- $103K in Recoverable Sales Tax
SubTotal $334K In Cash and Near Cash
Customer Deposits $448K
Total $782K (and that assumes they can use the $448K in Deposits) which means they shipped product. Can you say Guyana boondogle?
So its now the middle of September.....
They burned $2.3 million in Q2.
Is dynaCERT insolvent?
Come on Regulators..... Auditors......