RE: Burn rate is slowing. Thx Bobbie.... according to your numbers...
January 31, 2013 Cash and cash equivalents $ 28,573,725
April 30, 2013 Cash and cash equivalents $ 21,551,218
In 3 months they have went thru 7, 020, 500 or so.... equals 2.34 million a month.... nice....
So june 30th.... 21,551,000 - 4.68 (2mnths) = 16,871,000 Divided by 2.34 = 7.2 months until they're broke.
Sooo 3 more months with no financial progress spells....... (you answer 4 ur selves :-)
Stay awake....