I’m going to throw down a scenario using round numbers. What if the Burn has increased to $500k per month (from $450k) but they have been pulling down $750k per month for 6 months, Pulling down more cash than they need and lowering LPC's 5% by 1.2m if I did the math right, basically giving them 12 months of cash in the bank right now and they could stop tapping LPC for an entire 6 Months period, while still keeping the 6 months of cash cushion PLUS putting a 1.2 million share cushion at LPC before the threshold on the back end if it were ever tapped again. Yepper, She’ll head north as soon as that 30k per day on the sell side dries up (especially for 6 months). Now on top of that put out a few announcements. Comprende. Get it?
I don’t why I post this it does not fit with my goal (I should just look out for only X) of grabbing xxx cheap shares over the next 6 weeks or so, but whatever. I’m not saying that they did this, I’m just thinking out loud with a little help from the ol spreadsheet that I’ve been keeping. ; )
I still say get them while you can folks this supply will not last forever, think about it.
Xster Shares ( I worked the number twice, 2 different ways) Games will be played by many, many, sides
I don’t why I post this it does not fit with my goal (I should just look out for only X) of grabbing xxx cheap shares over the next 6 weeks or so, but whatever. I’m not saying that they did this, I’m just thinking out loud with a little help from the ol spreadsheet that I’ve been keeping. ; )
I still say get them while you can folks this supply will not last forever, think about it.
Xster Shares ( I worked the number twice, 2 different ways) Games will be played by many, many, sides
