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There is still time to get rid of the business and return some cash left to shareholders. The cash is worth at the moment around 3.75p per share. However if we go per quarter then cash will have depleted to todays level to around $7mill .

This management won't allow that until cash has fully depleted. Any views??

I was expecting $9mill left not $8mill. Cash burn is enormous and shareholders I'm afraid will not see any of that.

The one good thing is that the Gravey train is extended to q3 next year.

Flightman minimal liabilities.

Cash as of 2023 was in GBP around $12.2mill or over 5.5p per share.

Lets see where we are tomorrow. Cash in 2022 was $19.9mill and 2021 was $31mill. So you see why I hope this becomes a cash shell. I am just above 3p.

IMHO if they carry on they will deplete till zero next year.

Yes.

Whatever their cash is their burn rate is enormous. You will find out tomorrow how much cash is left.

No one wants their Tech hence they give it away free in the hope after 12 months there will be subscribers.

Which is why I hope they will dispose of the business and return cash to shareholders.

I'm hoping they get rid of this business and return money back to shareholders.

Holding 150k.

It says a lot when their main product is given away 12 MONTHS FREE.

That will take it beyond its cash runway.#

Why not give shareholders back something.

Main product being given away free at the moment. How they are going to make money when the timeframe goes beyond the cash they have. I think its 12 months free.

I hope this becomes a cash shell and cash is returned.

Get rid of the business and return whatever cash is left to shareholders.

Put an order in at 1.3p for NMS 30k.

Well!

Get a glimpse tomorrow. I hope they get rid of the business and leave some cash for the equity holders.

How much cash do you think they will have left tomorrow and also note the TURNOVER.

Its a tech company in the healthcare sector.

Well they are so interesting that their last tweet was in 2022!

In answer to Cornershops? Maybe

I was wrong on the full $19k turnover. Its actually less than 2 weeks worth of turnover for a corner shop. They spent almost $7million for the $19k turnover.

I do work in tech and when you see these numbers it don't look good.

One saving grace will possibly be is to get rid of the business and give shareholders back some money.

The problem is when you have a good thing going why do it!

Equity holders here will lose out. I doubt management will as ord value is where they had the stock i.e 0.0006p.

$19k Turnover??? ( a COUPLE OF WEEKS TURNOVER AT A LOCAL SHOP)!!

Don't forget this is a "tech healthcare company" .. no one wants their tech.

Cash burn is at a rate of Knots.

Cash will last until maybe mid next year and that is it. Turnover of $19k suggests no one wants their tech.

Https://finance.yahoo.com/quote/DNRSF/key-statistics/

shares being given near peak. Really poor indeed.

The current equity will be obliterated with the RTO. Hence what is the point.

What rubbish.

seriously,

Big dump incoming.

See debt.

No idea, They need to raise equity however with eurobonds due at 31million Euros who knows.

Me a bit of Echo energy. I know parsons has gone however loaded both with significant debt. If coro don't sell assets to pay debt then they are in trouble.

A tonne of debt and loans. I suspect that the loans will be converted lower down. Not exactly the best time to try to sell assets.