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16/04/18
11:41
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Originally posted by bruutz82
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Is that just sheer blind hope or do you have evidence to support your comment of no capital required?
Because at the end of this quarter you will only have around $1.8m in the bank at current trajectory and your burn rate is around $4m per quarter. Adding to that receipts are not going anywhere.
So how do you propose NUH will not need more capital soon which results in dilution?
Is NUH going to just pull a magical 500% receipt growth out of nowhere and suddenly become cash flow positive? Come on - get serious.
Do some basic maths and learn how to review a 4C before you say such misleading things.
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It will result in up to 20% dilution but it will not be a capital raising.