RE: Why would you buy a single share ...rwebca. You have not calculated the burn rate correctly. You have either taken the net loss for Q2 (2.6 million), which is high due to the one time adjustment (1.2 million), or you have taken the operating expenses from Q1 (2.7 million), which is offset by revenue, to come up with your 900K/month figure. The true burn rate then would be either 1.4 million/quarter (first calc.) or 1.0 million/quarter (second calc.). Then the burn rate, taking the higher figure, is 350K/month. At that rate they have enough cash for at least two years, as others have mentioned.
Piper