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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company is formed for the purpose of identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has not commenced any operations nor generated any revenue.


TSXV:AAA.P - Post by User

First Tidal Acquisition Corp > AAA October company presentation used in Switzerland
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Comment by CarbonKingon Oct 04, 2013 9:39am
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Post# 21790621

RE:RE:RE:AAA October company presentation used in Switzerland

RE:RE:RE:AAA October company presentation used in Switzerland
Riddick_2013 wrote:
$21.6million cash on -hand as of April30, 2013......how much cash end of September 30, 2013?


Anyone know?



Cash burn was between 500.000-1.000.000 USD per month, so should be between 16.5 and 19 Million left. Management is also working to reduce the monthly cash burn in the "frozen" period (until financing agreement).

Either way, enough to not worry about a PP for the moment and continue the progress of securing financing and establishing a JV.
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