The Ks are audited, not the Qs. But, as closely
Post# of 3844
Posted On: 12/09/2013 8:48:39 PM
The Ks are audited, not the Qs. But, as closely as Sadler is involved with this company (since inception in May 2011), and the long term working relationship overall with EWSI leadership, the numbers in the Qs are rock solid.
Company needs to move to cash flow positive quickly to avoid an overabundance of dilution. Martie seems to be moving very quickly.
Operational costs for Q3 were slightly under 1M per month. The only big deal that I've seen since then other than MOUs has been 2TRG. They may have actually gotten some restricted common in the deal, but I hope not. I'm hoping for Preferred A to keep the O/S as low as possible for as long as possible. The run rate in the current Qtr was conservatively projected to be 2M. I'm thinking it's closer to 2.5M per month. The final Qtr will be very interesting for sure.
Company needs to move to cash flow positive quickly to avoid an overabundance of dilution. Martie seems to be moving very quickly.
Operational costs for Q3 were slightly under 1M per month. The only big deal that I've seen since then other than MOUs has been 2TRG. They may have actually gotten some restricted common in the deal, but I hope not. I'm hoping for Preferred A to keep the O/S as low as possible for as long as possible. The run rate in the current Qtr was conservatively projected to be 2M. I'm thinking it's closer to 2.5M per month. The final Qtr will be very interesting for sure.
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