GREY:ATIVF - Post by User
Comment by
hydra100on Dec 04, 2010 8:56am
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Post# 17800447
RE: HOW MUCH LONGER?
RE: HOW MUCH LONGER?Looked again at financials and believe that thiere burn rate was 200k for last qtr. They say they have got thier "free cash flow" down to this by which I take it to be burn rate.
If this is true then situation could go on for a long time.
They say the will continue to try to resuce this as they look for new financing.
Problem is cannot move forward with new money.