TSXV:KHRN.H - Post by User
Comment by
Benedictuson Jun 05, 2021 11:26am
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Post# 33335947
RE:RE:I'm hoping this dog will run soon!
RE:RE:I'm hoping this dog will run soon! The race is on between the cash burn and revenue build and unfortunately the cash burn is ahead by a country mile. The execution is definitely coming together with script issuance growth, good customer retention, insurance coverage and adding more sales in Germany and the UK, BUT the company does not have 2 full quarters of cash left and they cannot close the gap. They need funds and will have to do a raise. I'm waiting to see if the terms are better than last time.