Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.

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Traxion Sab De Cv Ord Shs > TBP-cash burn rate

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Comment by lscfaon Apr 25, 2021 12:08pm

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Post# 33063435

RE:RE:TBP-cash burn rate

Sept 2020 presentation says ARDS-003 will cost $24 million.

lscfa wrote: CEO said in recent WSR interview $1.5 mil to $3 mil per month.

equity4481 wrote: I am doing a little DD and looking for the current cash burn rate. After the $14m + bought deal closing I would believe it's around 12 months but cannot find any recent NR.

Thanks and look forward to the upcoming week!