Second Wave Petroleum Inc SCSZF

RE: Financials.....

[idleSpeculator]

Rainy, I am no accountant, but I don't beleive they have amalgamated Tech7 accounts. I have no idea if they included the new spooedres sales in Tech7 or SCS accounts, spinner seems to be suggesting the latter, anyone know for sure? Suggestions at looking at most recent 3 months P&L comparison with last year seem to make sense to me. Increase in income is $125K year on year in last 3 months, or $32K/month. Burn Rate seems to have averaged just under $100K/month in the previous 6 months. Balance sheet has stood still in last 6 months, we are about $128K better off, and have since raised $600K in PP and have a loan of $180K. So should be able to last several months without more financing, depending on how much our developmemnt/implementation costs increase, and our income increases to offset them. Realistically we need another approximately another 20 (with an uncertainty of -5 and + 20) TT/SB LIVE (handling all new business) to get to breakeven imo, but this number is a little fluid, depending on how much we increase expenses and the impact of SRM and Solarnet and agentware and.... Idle