Company should be loaded with cash The loss is less than a million, and KGI have raised over $100 million in 'underwritings' of 'private placements' with all kinds of bigtime financial partners such as CIBC World Markets and Dundee Securities. I don't see what the markets are worried about! This company seems to be loaded with cash, if we are to believe the press releases about the financial deals they did. With that kind of financing, they could burn $1 million a quarter for 25 years!
I wonder how much of a loss it would be if you cut the executive salaries by 30%.