Agoracom: Small Cap Investment - POET Technologies Inc. - Re: Voting no

Poet large

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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kooter33

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Re: Voting no

in response to

by

posted on Jul 18, 2014 07:04PM

Log in to use the IP Check tool ^[?]

Present burn rate is $370k/month and with $11 to 13 Million in the bank, I would say they could stretch it out for at least 2 years. Even with a burn rate of $ 500K/month that would take it to 18 - 22 months out.

Cash is not an issue! Period.

Future revenues are.

Projected Q3-2014 - PDA deal; Q4-2014/Q1-2015 deals/revenues.

BTW, we are in Q3-2014.

GL.

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