unfortunately, is now in play, in my opinion.
GF did what I expected last quarter. He's pushing his debtors to pay quickly and he appears to be holding onto payments to his creditors.
Along with selling shares, this is how he was able to keep a small amount of cash.
Not sure how he will pay salaries at the end of May unless he gets a break during the month. June looks more-or-less impossible without a transformation. Bleak stuff.
No wonder there was no guidance. They couldn't have sold shares via the ATM if they had given a clear picture of their sales collapse.
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