TSXV:RHT.H - Post by User
Comment by
lscfaon Jun 01, 2021 3:58pm
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Post# 33304721
RE:My question from the CEO site
RE:My question from the CEO site The cash burn rate is $500,000 per month and that includes the costs of SAAS revenue. So, if come July the revenue is $500,000 per month and it's all from SAAS and none from damn device sales, then the co. could be breakeven.
aaaaaargh wrote:
I've asked this before and I will ask it again Even at a 1.5 mill quarterly run rate how the hell are they going to be profitable when they have expenses in the three to four million dollar range quarterly? It is quite clear that even if they claim to be profitable in a months time, they don't even appear to know what profitable means. Just like when I got one answer last time from another dingbell who didn't appear to know what it means.