The Single Biggest Risk for AHZ

Hi Guys

I have been investing in AHZ for some time and I have not posted any analysis for a whole.

I just want to point out the single biggest risk for AHZ at the moment and I want to have some feedback from you guys.

I will go straight to the point.

Cash/Debtor position: as the end of Dec 17, it was $12.95 million combined (8.25 million cash + 4.7 million Debtors).

Three months later, it was $5.7 million. No one knows what's the cash position now. I will say that the cash burn for Mar 18 quarter was around 3.5-4.5 million.

Anyway, the biggest risk is the sales of ADAPT. The quarterly sales reach $1 million in Calendar Year 2015 but it took more than 2 years to reach $2 million (100% inrease). Now the company is telling us that it will only take a quarter to increase another 100% to be over $4 million. Why should I trust them? What's the basis for this?

I have emailed Wayne to try to get an answer for this and I will post his answer if he replied.

Any thoughts? Thanks.