How much of your margins are COGS? How competitive is this industry? Do you sell big-ticket items to a small group of customers or the opposite? Is there room to raise prices a bit? If you told your customers that you're losing a million dollars every month and you might shut down soon, would they easily find alternatives or would they be in a bind themselves?
Why are you really raising money -- to make capital investments that will actually make the company profitable (operating basis)? If the first $187 million didn't do the trick, how & why will this extra $30 million do it? Or are you raising money just to keep the hamster wheel going a little longer?
Are your revenues growing? Or flatlined? 925k/month loss is an awfully specific number, is that better or worse than a year ago, or 6 months ago?
Why are you really raising money -- to make capital investments that will actually make the company profitable (operating basis)? If the first $187 million didn't do the trick, how & why will this extra $30 million do it? Or are you raising money just to keep the hamster wheel going a little longer?
Are your revenues growing? Or flatlined? 925k/month loss is an awfully specific number, is that better or worse than a year ago, or 6 months ago?