OTCPK:CTPNF - Post by User
Post by
zerocool42on Mar 15, 2015 12:22pm
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Post# 23522769
Burning through the cash again
Burning through the cash again$5,106,420 in expenses vs $2,823,082 revenue. Not good.
Only burned through $900000 +/- cash last quarter, but burned through $1.8 million cash this quarter.
They apparently love to spend.
At this rate, that means there is only about 1 year of running room left before the company is out of money, unless they somehow magically get another cash infusion, or have a rabbit up their sleeve.