OTCQB:VVCIF - Post by User
Post by
Schaffhausenon Oct 06, 2020 7:04am
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Post# 31672094
VIVO management 12-month forecast, Oct.1 2020-Oct.1 2021
VIVO management 12-month forecast, Oct.1 2020-Oct.1 2021Management says: "On the basis of the foregoing, and taking into account its expected revenues for the noted 12-month period, the Company expects to be able to continue operations using it's currently available non-contingent resources for at least the next 12 months."
The following is the copied excerpt showing twelve month costs estimated at $49M. Management confirms no other planned capital expenditures. If you look at Quarter over Quarter revenue growth it already points to revenue that will exceed these costs, likley significantly.
Cheers,
Schaff