Cash or cash equivalents(as of June 30)=$297,872 down $403,000 from last Q=$134,000 per month

Accounts receivable(as of June 30)=$591,250 v.s. accounts receivable for same period last year $62,916. Can we assume that the Nunchi license monies collected from the last fiscal year were @$500,000? based on the difference between this year and last?

Hopefully we collect the accounts receivable money pretty soon. July and Aug. burn rate equals $268,000-$297,916=$29,916 cash at the end of August if none of the receivables are collected.