Question Re: Financing I've lightly followed this company for some time and the recent improvements to their India ratings, impressions and average time spent watching definitely caught my eye. One area that has kept me away from investing to date was their constant net losses, burning through cash, and the constant need for financing and consequent dillution of shares.
Question for the board; does anyone have any insight into how this company will keep afloat in the short-medium term? I see that Paterson exercised 2mil of warrants @.06 back in October for 120k and the USD division was able to secure 710k of new contracts, but the balance sheet and how fast Q burns through cash is concerning. Is an additional round or 2 of financing on the horozon for 2021? Are there other anticipated sources of revenue expected to mitigate the need for this?
Thanks in advance for any insights.