Hi all, I don't post much here even if I follow most of the discussion, but now I just need to correct something that was discussed earlier regarding the burn rate. Jets911 said this morning that burn rate doubled compared to last year, but it's not the case, since the loss of $4.397 he refers to for the 3 months period ended Sept. 30, 2014 includes stock based compensation, a non cash expense. To know more about the burn rate you have to look at the cash flow statement. See the cash flows from operating activities are $3.978 for the 9 months period ended Sept. 30 2014 and it was $2.703 for the same period in 2013. Non cash expenses can be very high with these companies issuing shares for compensation matters, so it can be misleading to look at the income statement sometime.

Jets911 wrote : 2014 3 month loss of $4.397 vs $2.364 Mil loss for same period last year. Roughly 2 X the burn rate. If you adjust for additional empoyees an more legal fees as well as the new office the burn rate will continue to rise. While the wording in the MDA does say they have enough "liquidity" for 2015 I interpret that to mean that they anticiate some income in 2015 to sustain them thru 2015. As FC points out their could be income from stock activity as well. Main point is that they will probably need to get $$$ from someplace hopefully from customers