Expects an losses in next quarter amount of $4 to $5 Million-will pay mayflower/biomol about $3 Million.plus..usual loss $2 Million...
Net cash on hand dropping to $22 Million next quarter...
accounts payable = $15 Million=nothing left
next 4 quarters at this rate....
Net cash on July 31, 2012, =0
Accounts payable on July 31, 2012 = $15 million...
Bankrupt company....
Net value of company today= negative....
Revenue growth =negative next quarter: 2 to 4 sales reps leaving...
Net loss in volume next quarter
Stock price = zero next quarter....
Must shut down
Net cash on hand dropping to $22 Million next quarter...
accounts payable = $15 Million=nothing left
next 4 quarters at this rate....
Net cash on July 31, 2012, =0
Accounts payable on July 31, 2012 = $15 million...
Bankrupt company....
Net value of company today= negative....
Revenue growth =negative next quarter: 2 to 4 sales reps leaving...
Net loss in volume next quarter
Stock price = zero next quarter....
Must shut down