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Message: Re: Poet's burn rate
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Feb 23, 2016 10:14AM
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Feb 23, 2016 10:21AM
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Feb 23, 2016 10:35AM
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Feb 23, 2016 10:38AM
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Feb 23, 2016 10:46AM
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Feb 23, 2016 10:49AM

Burn rate is 650K per month as per last Novermber presentation. They also stated to have 15.5 M$ on hand at that time.

Share count was 194,498,315 as that time. (nov 12t 2015)

Now share count is up by clos to 6 M$, how much cash did they receive for these shares, I don't know, I didn't keep track, but probably more than additionnal 2 M$.

Bottom line and now that I realized it, back in November 205, when they disclosed that they had cash for 8 quarters, they already knew associated cost with the lab to fab transition.

November Presentation avalaible at :

https://drive.google.com/file/d/0B3ivK4eeO-1Qb3RRR0RHclpHSmc/view?pref=2&pli=1

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Feb 23, 2016 11:09AM
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Feb 23, 2016 01:55PM
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