RE:RE:RE:RE:$480,000 More Grant $ for CeaproThey have 7.5 M + of available cash. If sales remain constant, they will keep accumulating cash even as they spend on some preliminary studies.
One could guess they are keeping the cash for the european expansion. At 18 months away at the earliest, I would hope they can make use of that cash in other ways to provide some confort to investor soon. (share buyback, announcement of purchase of property in europe, etc)