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Nuvilex, Inc. Message Board

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  • tryingtogetthefacts tryingtogetthefacts Jul 16, 2008 8:06 AM Flag

    Reporting in a few weeks

    They have 1.3M in cash and a burn rate of 30K per month. Do the math before you talk about their ability to survive over the short term.

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    • Did I say short term survival in my post? No I did not, my reference was their survival in the long term with there falling equity price which is a legitimate concern since I own many thousands of shares. Its been said before in there 10q that if they don't have sufficent equity they might not continue as a company if you want to stick your head in the sand be my guest but I plan to keep my eye on this co. as I have no plans of losing what I have invested. Microcap stocks can go under in a blink of an eye so if your long as I am you had better keep you eye on the ball or risk losing all or most of your investment. GL