|Cash was on the low side and this will help with that aspect of running the company. Unless there's real good news coming in the near future, it likely will cap the upside here for the time being. Looking at the stock's price over the past few years, this deal makes sense, especially if they are substantially ramping up production or see the need to do so within a couple of quarters. |
Difficult to know what the cash flow will be going forward and if the past is a good reference, the new combined cash levels should be enough for the next year or more, especially if the stock gets above $7 and some of the warrants are exercised.