WHERE DID ALL THE MONEY GO? Took in revenue from operations in 2012.
Took in money from operations spread over the 4 qtrs of - $2.5 million.
What is left?
During the 2012 year Route1 generated cash flow from operations of $1.6 million. As at December 31, 2012, the Company had no bank debt and a cash balance of $754,509
Took in 2.5 plus 1.6 = 3.1 with 75k left =
SPENT $3.35 FOR 2012 WITH AWARD.