Post by
brad129 on Jun 21, 2022 4:12pm
Cash
Sales must be going well, at the rate they were spending we should have been out of cash more than a month ago. Any thoughts on how they are still operating?
Comment by
brad129 on Jun 21, 2022 4:20pm
End of March they only had $609,000 how have they continued to operate 2.5 months after while their burn rate was about $750,000 per month?
Comment by
IainCaimbeul on Jun 21, 2022 7:04pm
Who knows, maybe Reserve a Call is actually bringing in business.
Comment by
brad129 on Jun 21, 2022 8:13pm
none of the bashers will answer that. Some how they haven't released a financing. Looking over last financials it looks more like 866,000 a month so they should have been out of money prior to end of April.
Comment by
TrippinAgain123 on Jun 22, 2022 10:26am
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Comment by
brad129 on Jun 22, 2022 11:03am
what ever the mess, simple fact when the bank account hits zero and can no longer pay employees they would be done. Without either financing or sales the account would be zero by now. And so far no financing deal announced.
Comment by
frewil11 on Jun 22, 2022 11:24am
I do believe that Care Oncology was bringing in a couple million a year so maybe [ and thats a big maybe ] and now they might be selling a bigger number of Aristotle tests , but even when financials come out thers no way of getting any info on anything to do with Aristotle .
Comment by
Liked2Think on Jun 22, 2022 3:08pm
Maybe that's it. Care is bringing in just enough money to keep payroll going so they can wait until after the vote. I wonder what the former heads of the before separated care company think now that their company is worth so little now.
Comment by
TrippinAgain123 on Jun 22, 2022 5:12pm
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Comment by
Justing on Jun 24, 2022 1:50am
You are right you should sell it all now. Do it tomorrow.
Comment by
Mykndrsn on Jun 23, 2022 9:18pm
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