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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Message: Re: Perplexed
32
Oct 28, 2016 05:48PM
2
Oct 28, 2016 06:53PM

Shessorry,

I think many here would find the outlining of what they intend to do with the money pretty vague considering they wiped out the market cap of the company by more than 50% and diluted it by approx 25% since the Oct 12th NR.

"The Company intends to use the net proceeds from the offering for general corporate purposes, which may include, among other things, increasing working capital, research and development, further product and sales development, as well as potential business or intellectual property acquisitions in support of strategic growth."

Personally I would like to have some more details

Just my C$0.36 opinion


Oct 28, 2016 07:08PM
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Oct 28, 2016 07:28PM
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Oct 28, 2016 07:37PM
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