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Message: website/cash burn

website/cash burn

posted on Jun 09, 2009 04:24AM

Is it just me or do others find it difficult to locate financial press releases on the website?

The available cash and monthly burn rate are something I have not been able to find. Can anyone point to a quarterly report or other recent communication that addresses that issue?

The last month has been the worst I have seen for the small caps that I follow. We keep reading about the stock rally and the forecast of economic turnaround. We see "some" employment numbers stabilizing etc...HOWEVER, of the list of small caps that I follow, I have watched several turn out the lights or state that fate is imminent if they don't come up with some financing. All this has happened in recent weeks.

In other words, it seems to suggest that the financing climate is still worsening...for small caps anyway. Do other people see this right now?

I expect Biocurex doesn't need much to survive month to month right now...but it can't go on this way forever.

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