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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?

To: jpbrody who wrote (3486)6/24/1998 10:59:00 AM
From: cfr  Respond to of 5736
 
CCSI's cash position.

CCSI seems to burn cash (before share issues, which might be a little less lucrative in future) at about $1 million per quarter. Given that cash is $9.7 million and current liabilities $1.2 million the company should be able to survive for two more years without having to raise cash. Many small companies would love to be in this position!

This is plenty of time to come up with a deal, if one is possible.


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