StageZero Life Sciences Ltd T.SZLS

Burn rate

[brad129]

Anyone have an idea of their burn rate since acquiring Care and an estimate with all the new hires? It use to be about 300k a month, I am sure it's substantially higher now.

[IainCaimbeul]

Ask gojo, he knows everything.

[brad129]

Best I can figure with the last quarter results is it cost them all in about 3 million for the quarter that's a million a month (I'm sick of hearing re-evaluate warrants) that was really without having to pay Care doctors and staff, with that said no revenue from Care either. But since then we have had alot of Job posting so I figuring in 1.3-1.5 per month just to break even. Financing is

[LithLover]

Makes you wonder if HC is shorting it to keep it down for a low PP.  Stage has $1.59 million cash plus financing to get them about $6 million plus revenues since Sept  I think we good for a few quarters.   If they could get the SP up than warrants would be exercised for more cash.  But you are right will revenue rise and share price rise for warrant execution before cash burn

[Liked2Think]

Ha always with the mystery secret agenda.  Everyone wants a low PP. jesus how much lower do they want to kick this pig down? if so many big companies have so much faith in this stock then whats the big deal from paying at 25 cents vs 30 cents.  I mean its going to the moon aint it!

[brad129]

well we heard (not sure where) Care was doing about 1 million a quarter prior to we acquired them, so that leaves us about a million a month required, we don't need to see anywhere near break even to have upward movement but we sure as hell need far more than the 600k revenue last quarter( above the 1million Care should bring) we have Covid testing and Aristotle being pushed so let's see

[Liked2Think]

you dont have CARE doing 1M a quarter. You have Tripp saying that CARE does 1M a quarter we all know how much Tripp's word is worth.

[Liked2Think]

so they only need to do 33 aristotle tests every working day of the month to break even then! ha they will float stock again right after another meaningless "hub" news release.  you will see the same manipulation of the share price again just like last time.  I bet they only get 34 cents a share this time though.