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Re: theory

By: tkc in ALEA | Recommend this post (0)
Fri, 26 Jul 13 7:42 PM | 29 view(s)
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Msg. 14231 of 54959
(This msg. is a reply to 14230 by Cactus Flower)

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I believe it's the latter as it is a part of "management dicussion" of the Q just reported. Couldn't be from the begining of the Q as they ( particularly so w/ Wave) can't predict the Q's outcome.


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The above is a reply to the following message:
Re: theory
By: Cactus Flower
in ALEA
Fri, 26 Jul 13 7:36 PM
Msg. 14230 of 54959

hi tkc,

i suspect this was a single wavoid providing funding. just seems a simple explanation makes sense this time.

i didn't have it timed as precisely as you. i just guessed the q2 funding covered q2 and that q3 would need more - i think the timing occurred partly to meet july payroll.

one thing that isn't entirely clear to me is if the cash flow forecast begins at the 1 january or at the date of the release of the financial statements. if it's the former, then wave is about done. if it's the latter, then there's likely another funding to come this year, perhaps late this quarter or early next.


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