TSXV:ART.H - Post by User
Comment by
Synthesizer303on Jan 11, 2022 10:00am
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Post# 34303163
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SP progress from hell…
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SP progress from hell…They are having around 20 persons (last MD&A status) and for sure there isnt an average of 100k if their salary. It's rather simple, after the raise of early 2021 they had around 8mio, cleansed 1mio debt and still have made it to October with 4.5mio remaining (incl. 1.8mio from warrants exercise), so i think my assumption isn't far from reality with around 3mio left, worst case 2.5mio, especially since they had plans to give up own demonstration locations and handle most of it via WeWork locations. Anyhow, unless they had a very profitable Q4 a raise is imminent!