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Z-Trim Holdings, Inc. Message Board

  • boxcompany1 boxcompany1 Jul 5, 2013 7:41 PM Flag

    TO THAT MASTER OF FINANCE WW

    CASH BURN last qtr. Neg $2.1.mm.. Company has a/o 3/31 $1,6mm cash
    Projected cash burn 3 mos ending 6/30. min. $1.6mm + +.. That's it! You can't run
    a co. w/o moolah - especially one that's hemoraging. Even worse, a/ p 50% higher
    than a/r. Staying alive is like defying gravity. Stock is going down because knowledgable
    sellers are getting out before the next cataclysmic earning statement,, after which
    wholesale dumping will take place. In fact it's possible stock could. hit .25c - or less.
    Even a richard head like you can understand this .And if you can't show info to an accountant.

 
ZTHO
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