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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: cicak who wrote (30357)6/6/1999 11:33:00 PM
From: Dave Gore  Read Replies (2) of 44908
 
Phillip, Gordon told me that no more financing would be needed beyond $5.2M or so of the PP. He said they had used $3M already.

At least that is what he hoped since they said in their PR they have scaled back expenses and focused on the MyMusicCard which dramatically reduces down monthly burn rate.

I heard that $500K a month is about the burn rate, so if profits and revenues roll in starting in the FALL from the Lifetime Learning deal, that makes sense to me.

Also Signature could kick in, too.
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