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Message: BAIRES - BURN RATE

BAIRES - BURN RATE

posted on Nov 28, 2008 01:21PM

Yesterday you posted that we had 12-18 months of cash. It's much better than that. Webb said that current cash is 5.25 Million, and that they had reduced the burn rate to 150K/month. That's 35 months. Even at the previous 200K burn rate, it's stll more than 2 years.

So, it's even better than you thought. This is a keeper.

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