Nov. 14 at 9:33 PM
$SOBR scam
Q2 reported Cash on Hand - ~
$8.7m
Q3 reported cash on hand - ~
$4.7m
They burned
$4M in Q3 alone.
They have probably 6 months left of cash at maximu, considering since 9/30 they’ve probably burned another
$1.5m.
Current cash on hand as of today more likely
~
$3 -
$3.5m
They will be out of cash by April 26’
Capital raise before EOY or in Jan