Isodiol International Inc ISOLF

RE:Isolking

[jb24]

lot of guessing in this article PIPERDUMB,
Even then, Piper, they still have 2.2 yrs before they have to think about rasinig money.gltals


"My cash burn analysis suggests that Level Brands has a cash runway of 2.2 years, given its current level of cash holdings. This may mean it will be coming to market sooner than shareholders would like. Furthermore, even if Level Brands kept its opex level at the current US$4.45M, it will still be coming to market in about 2.4 years. Even though this is analysis is fairly basic, and Level Brands still can cut its overhead in the near future, or raise debt capital instead of coming to equity markets, the analysis still helps us understand how sustainable the Level Brands’s operation is, and when things may have to change."

Piperdoon wrote:
I am not a basher. Read every single post I've ever written if you are smart enough to figure out how to do that. Just a guy who's tired of losing money and wants to know why! Attached is the article about how quickly level Brands will run out of money and be bankrupt https://simplywall.st/stocks/us/media/nysemkt-levb/level-brands/news/how-long-will-level-brands-incs-nysemktlevb-cash-last/