Free
Message: Gotta Question

I note that as of 12/31/12 we had a cash position of $2 million. That's down from $3.125 million on 3/31/12. At that rate we have, perhaps, another year and a half to go assuming we continue on the current no revenue path. The previous 19 licensing settlements are not adding anything to the top line.

As I don't follow this forum as diligently as I did years ago, I have to ask. Why would anyone settle with us soon ( or consider an acquisition) when we might be financially desperate mid to late next year? What's the carrot?

Thanks

DoP

5
Feb 15, 2013 12:02PM
5
Feb 15, 2013 12:11PM
4
Feb 15, 2013 12:17PM
2
Feb 15, 2013 12:27PM
6
Feb 15, 2013 12:29PM
5
Feb 15, 2013 12:32PM
5
Feb 15, 2013 12:51PM
6
Feb 15, 2013 01:14PM
Share
New Message
Please login to post a reply