RE:Gold SparklesAccording to their last Financials, as of September 30, 2022 (nearly 6 months ago) Fortune had $521,000 in cash, and $14 million in current liabilities.$13.8 million of that liability was debt.
Fortune spends nearly $300k per month to tred water, nearly $100k per month in G&A. Operating expenses are about $300k per month.
So, if everything stayed the same, our $521k in cash would have not lasted until the end of October, November at the latest.
Yes, management and directors and large shareholders can stretch things out a bit, but this rubber band is gettting very tight.