Post by
Lingcod on Jun 20, 2023 1:15pm
8.5 in current liablites last quater
With 6 million of the 8.5 million due by end of year or about 6.5 months.
They only had 295,000 in cash left.
So how are they going to pay off roughly $923,000 a month for the next
6 months ?
IMO, They wont. Thats why I see bankrupcy. They already diluted the shares by
about 14.5 million more this year.
They even admitted in last press release they dont have the money to launch
in Austria !!! Or list on Nasdaq.
Hard hitting realities, not this puff and fluff routine.