Phillip, you are articulating what may be the most important question to all of us at this time. Nobody is jumping at the chance to answer. I will throw out some ideas and numbers for discussion. Please note: these are guesses.
The relevant concepts here are "burn rate" and "revenue ramp-up." Burn rate refers to mandatory cash expenses. REW has estimated this number to be $400,000 per month. In the month of November, the cash flow will be positive. Including the remainder of June, that leave 4 ½ months to survive.
I would assume $3,000,000 of the PP has been drawn down and essentially spent. If anyone else knows otherwise, please speak up. There is a remaining $2,200,000 that can be drawn.
Burn rate until Nov. 1 is 4.5($400,000) or $1,800,000. Expenditures to support deals may be another $1,000,000. So $2,800,000 is what will be needed to keep things going until Nov. 1.
If anybody has any reason to challenge the numbers presented so far, please post.
Regards, Suzanne
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