Paul and Lucia here, ask us anything.
For clarification, does this mean once per quarter you will sell some FCT to cover your quarterly tax liability?We are initially planning to sell for the following purposes:
quarterly to pay our income tax to Canada Revenue Agency.
I understand running lean, but I'm a bit confused: If you have 40,000 CAD, why not find a third to help with support?We have an initial capital of 40,000 CAD immediately available...
Well, your financial say "$5667/month with a 10% safety margin" built in, so that gives 7 months of conservative cushion without selling any FCT at all. So yes, I'd say that's pretty good cushion for a startup. Plus, it's my belief that if FCT doesn't have traction half a year from now, then we've all got big problemsDoes 40.000 CAD sound a lot to you? By our calculation it would only be 5-6 months of operational cost of running 2 servers. That's why we didn't intend to use that money for additional manpower.