Originally Posted by
Ggcc
Looking as of the 31st March PEB had $12.8 million in cash. With a monthly cash deficit of $1.5 million they will run out of money by the end of November, which will result in another capital raise unless something magical happens.
How many capital raises do they need to break even?? I understand those that have stayed with this company have their own reasons, I did as well. Until I was sick of the empty promises and the "please keep believing" attitude. I sold at a loss and bought something else that made me money so far. I may buy back if the company actually runs like a business, instead of a charity. However I don't see this happening anytime soon. DYOR, but again I say it thanks Balance for making myself and other see the light.