StageZero Life Sciences Ltd T.SZLS

Let’s see who actually cares?

[brad129]

Revenue in the last quarter was about 1 million, what would it take for anyone to say this is moving in the right direction? A negative tho that baseline shows we are going in the wrong way. But let's here what would make you happy? we know there are people here that want nothing but complete failure but some actually believe and want the company to succeed. Anyone willing to put a number out? Mine is 1.2-1.5 the higher in that range the better I see adoption of our services.

[Liked2Think]

$1.5M and proof that its progressing and there is room to grow so that it wasnt just some one time fluke. They wont provide proof and it wont be $1.5M though I think it will end up being $950K to $1.1M tops. One thing is for sure if its under that amount thats evidence the company is headed towards bankruptcy.

[brad129]

i think 1.5 is a bit of a stretch goal, but could be possible, at least you put a number to it, pumpers and bashers alike don't want anything written, scared they will be called out for it if they are right or wrong, me personally I don't give two iotas what others think about my prediction.

[LithLover]

I've posted about it before.  In Q3 they had $90k in cash in June and added $177k in financing in Aug. They had a montrhly burn rate of $640k. So cash of $267k before revenue and a burn rate of $1.9 million.  A shortfall of at least $1.65 million. So it's 1 of these 3 options or a combination: 1) Revenue $1.6 million or more for the quarter 2) Expenses reduced by $600k or more

[brad129]

That's a great observation which is why I made another purchase(we haven't seen any financing) but didn't answer what would make you personally happy? 1.6 in revenue would put a large smile on my face and have a great WOW factor on the Shareprice. I hope that option is what is happening, and so far I can admit I have been wrong on all previous predictions but sooner or later I hope my

[Nailbiter2]

This post has been removed in accordance with Community Policy

[LithLover]

I would be happy if they can break even.  Say at least $1.5 million with a couple 100k in reduced costs would be a good start.  Start to show the market they are self sufficient operationally and can grow the business.  This would help improve the share price and future financing would be an option not a necessity at a higher level for sales and marketing not for day to day

[brad129]

That's the kind of thought I'm in as well, you present it much better than I, I have more cash sitting idle waiting to see where we are going, that answered Nailbiter. Break even is key at this point. Hopefully we have a bit above that threshold, although I can see if they are making above that they will make sure it is spent either on more staffing or marketing.