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Message: Thermal Pass
Cash Burn: The Company's cash burn based on Q3 financial statements is approx. $475,000 per quarter or $1500,000 per month.
The Company will consider equity financing based on market conditions.  Meanwhile, the company has access to debt financing from its shareholders for any required bridge to the equity financings.  The Company has successfully raised equity/debt financings in the past and management feels confident about it going forward. 
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