Salmon Klein
104182877
OP
:
where can you access to such as important information? but if cash is burnt, they will have to pump it and do an offering, has it already happened?
104182877
OP
Salmon Klein
:
In their 10-K(Dec 2023), they have 4.8 mil. In March 2024, they have 3.5mil. With just 3 months the have used 1.3mil. And I don’t see any improvement/ growth in their sales. There is no increase in their inventories either.
104182877 OP : Subsequent to the fund raise in IPO, they have burn their cash in a crazy speed.
Salmon Klein 104182877 OP : where can you access to such as important information? but if cash is burnt, they will have to pump it and do an offering, has it already happened?
104182877 OP Salmon Klein : In their 10-K(Dec 2023), they have 4.8 mil. In March 2024, they have 3.5mil. With just 3 months the have used 1.3mil. And I don’t see any improvement/ growth in their sales. There is no increase in their inventories either.
104182877 OP 104182877 OP :