RE:RE:RE:RE:DSV- Healthcare Related CargoFunGuy88 wrote: My analysis is based on the latest financials. FLT has about $9M in current assets and they burn about $4M per quarter. Thus, they will need additional funds in the next 6-9 months. It is encouraging that revenue has started, but I don't expect it be be significant for the rest of the year.
I'm not trying to bash the company at all, financing is simply a reality of early stage companies and until the company is better capitalized, I will remain under-invested in this one.
Moose Cree, Vision and very likely a few others with Condor approval. Not significant revenue? Let's worry about cash burn after we see how the summer plays out. They will address cash issues when needed and we can assess at that time. The stock price has been quite stable considering the overall markets.