As soon as someone posts some real factsNo one has anything to say.
goes to show you what kind of people are actually posting here!!
Anyway
if anyone is interested I emailed cfo a second time, to ask if while waiting for patents they were approaching potential customers or if they had to wait not to show their I.P. To others until protected. This was his response:
We have just a bit less than 1.5m$ in the bank, a burning rate with the work done by the 2 universities of 54K$ per month and we expect to have about 3 to 400k$ for the patents fees and examinations at the end of the day.
In the meantime, we are still having our eyes open for business in a technology closed to ours or to acquire other I P always related one way or another in our sector. we both know that it is the prudent things to do not all your eggs in one basket.
We still have about 1.4M$ in warrants to be exercised by the end of March which is not taken into consideration in our cash flow. So technically we have 18 months of operation covered.
We thank you for your support and interest in the company, please feel free to contact the undersigned for any questions queries.
Pierre C Miron
CFO
QUANTUM NUMBERS CORP