RE:Cash is running out fastmaestrodrumboe wrote: according to this Ihub Poster who keeps a running spread sheet,the WC position should be down around 1500,if he be correct.so they should be some News "SOON"on how they plan to pay their bills ,moving forwards,beyond the end of March..
I have a spreadsheet that tracks the cash on hand and at the end of February the figure should be approximately $2,926,000. This assumes a $1,550,000 monthly burn rate which was the cash OPEX per the last Q report.
I bet the salaries and related costs alone are around $1 million per month.