RE:RE:With limited cash and high quarterly expenses how longIt has been a month or so, so it bears repeating, if they remain solvent and don't get greedy with management fees and bonuses, we will line our pockets.
i wish they disclosed management fees. But it doesn't mean they are too high. ii is likely that would be the case whether released or not. hopefully we will see q2 results and care less about the management fees, though it is the biggest killer on their income statement along with financing costs. Neither seems to have added value relative to cost.
MJVigilante wrote: edrose wrote: BEFORE THEY RUN OUT OF MONEY and tell us we have to dilute retail investors once again
That is the real question? Why not ask it just once or even once daily?
But there is an assumption there that i would like to challenge. What if they don't run out of money? We are in the dark, but that doesn't mean they are insolvent. Looks like enough is coming in to finance 10 months of loss at last years rate with no capital expansion.
It is possible by this time they are cash neutral in revenues vs expenses monthly. Thus they may have additional cash then for only 10 months. If that is true then they could start to show a profit. and it snowballs ....
i only say this once a week or so, but if they remain solvent and don't get greedy with management fees and bonuses, we may have a juggernaut. (or we lose everything, weigh your risk)