Post by
TheRazmot on Nov 30, 2023 12:23pm
MD/A
Read the MD/A and they believe they are ok for cash for th next 12 months on the basis of less investment for startup (no more DmV) and Health clinic mostly paid and already generating revenue!
Also commited to invest in further developping their AI assets!
Most of the cash was used for share buyback(7M$) and the various startup (consultant fees, charging vhicules, etc... (6M$)... Just sorry they did not buy at the current 0.02$!
Cash still coming in from AI clients and maybe from Covid and HC units... with reduced investment should get th next fin boost!
Looking forward to th next QR MD/A to see why AGPT is not gaining any traction!
Raz.
Comment by
frewil11 on Nov 30, 2023 1:03pm
With the amount of cash they have on hand now and the revenue their bringing in [ not much ] how can they possibly say they have enough cash to carry them through the next 12 months.
Comment by
astutein on Nov 30, 2023 4:36pm
frewil11 June 20 2023 cash 3.55 Sept 30 2.45 Cash burn 800,000 each month for last 3 months. Cash for12 months with 800,000 current burn??? Musthave large revenue coming forward.