OTCPK:NEPTF - Post by User
Comment by
gwrbion Oct 10, 2008 7:22pm
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Post# 15520571
Cash Flow
Cash Flow
I don't think operating cash flow is a big issue for concern at this time for NTB. Maybe I am wrong, but this is not an early stage 'burn rate" risk R&D company. They are now moving on to commercial marketing and distribution (on a global scale) and manufacturing (with a lot of their future growth coming from contract manufacturing) - therefore requiring minimal amounts of upfront cash (other than the financing for the building expansion).
However, I am a little turned off that all of these recent PRs have yet to translate into meaningful increases in revenues. Further, what the heck are they doing raising a measly $2.4M in this environment (at $1.25 or less), when they only said a month ago they didn't have to. I am guessing the Acasti business plan has more of an R&D component attached to it.
But, lets all take a step back, every junior or small cap as been obliterated over the last couple of months.