RE:PP and SPINOUT soon next 2 weeks will be a thrill rideGulag2011 wrote:
Re posters comments:
AnalytixInsight Inc is DEBT FREE -that is ZERO DEBT so no insolvency issue
for reason for PP
ACCOUNTING 101 knowledge!
Go ahead and pump away. But if you understand Accounting 101, you would know that the have accounts payable and have been running a $500k per Q deficit for the last year. Current cash would last 3 months at the current burn rate. No doubt they are raising money to keep the lights on.