RE:Highlights for Thrid quarter results! what not to like here?Q3 Revenue: 2.0M
Q3 Ops and Net loss: -2.7M
Cash Position: 24M (and thats due to 17M equity raise @ 0.30in May)
Their losses are extreme relative to their revenues.
Cash burn is the concern at say 2M$ per quarter.
This math has to change before investors get interested. Losses and cash burn has
to narrow, and a path to breakeven needs to be clear, despite revenue growth and
hype as you read recently in the Financial Post article.
Lets hope for more clarity at next quarter results.