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: Todd DeBonis -junkers87
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Feb 15, 2017 02:09PM
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Feb 15, 2017 03:51PM
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Feb 15, 2017 04:16PM
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Feb 15, 2017 08:16PM

We've already talked about all of this...

 

Their burn rate was roughly $1M/month. This rate will have increased with all the new hires and capital expenditure. Sure we got a snippet about them reducing their pay (which I can't find in their NRs). We also do not have a COO, and our CEO is acting as our CTO which could help save a few shekels. We will need some revenue and need it yesterday. So maybe it won't be so significant. I think it was BCD who realistically mentioned the potential of future dilution. It would be nice if this were done with some more products on the market and being sold. Being in the green I think would curb a lot of the saltiness that a lot of us are experiencing too.   

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