GREY:CATXF - Post by User
Comment by
waitingstillon Apr 25, 2014 6:56pm
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Post# 22493138
RE:RE:RE:RE:RE:Keep sold during the last bump
RE:RE:RE:RE:RE:Keep sold during the last bumpFrom what I recall, the loan was only for one year. Why $1.2mil for one year? What is the burn rate for a company doing nothing except for maybe talking on the phone? Now that Denby's hefty salary is gone, what other expenses other than those to keep the company listed? That takes about $200,000 per year from my understanding. If so, how can they spend more than $500,000 in a year. Clearly I have no clue about their expenses so I am very interested to see the next 3 month financial statements show.