RE:RE:RE:RE:FINANCIALS OUTMy take on it is that they feel like the other $2 million (the half that isn't being invested) is sufficient to cover their operating expenses for the forseeable future. Their total burn rate is only $134,744 per month, so that $2 million in capital will last them nearly 15 months without having to raise any funds. And $1.5 million of the invested money that is invested in term deposits will only be tied up for 11 more months, so their war chest will get filled at that point in time.
Meanwhile, they are probably forecasting a signifcant increase in revenues over the next 12 months, which will hopefully turn into profits and, henceforth, more cash on hand.
All in all, I see their investment activity as a sign of confidence in their future cash flow.
TopherK7 wrote: Whats your take on this?