Msg. 08256 of 54959 (This msg. is a reply to
08252 by
Cactus Flower)
Jump:
If I just start plugging in numbers I need Q2 revs to grow +20% from Q1 to make apparent current ATM usage ($1m/mo) barely adequate. All else (SBcomp, DA, dAR, dAP, SGA, RS) held flat. That still ends eoJune treasury empty. More like +35% (rev about $9m) to get to 7 digits left in treasury. That's a lot of new billings.
But for some reason I am thinking it adds up right on this occasion.
As you know, I know nothing different to everyone else. But it was May payroll that scared me. And I guess this is a relief rally.
Before Q4 results I was excited. I think I am ready to return to the same state of mind now that the cash seems to be less of a problem. I am not worried about dilutions of less than 1m shares/month.
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