SD>better yet.....if they do not complete the sale within 12 months then they WILL be fired.

Rain + Parade.

(alternatively: Devil x Advocate)

Past Q1 listed $6.8MM cash, less $1.4MM liabilities, or $5.4MM liquid workable.

Using the admitted $300k/mo burn rate: April May June July eats $1.2MM, leaving $4.2MM.

Have to ask: will there be $3.6MM left?

In other words, "if they do not complete the sale within 12 months": will there be anything left to be fired FROM ? (!!!)

Maybe that's the kind of nasty game being played by those on the other side of the "please buy us" negotiating table.

Why acquire a company for $X Billion, when you can wait it out then swoop in to get it for comparatively nothing, post-bankruptcy?

The horror.

The horror!

GLTA,

R.