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: Financials Extrapolated
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NRE
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The information that I have seen from the meeting with investors was that Mika stated a $400-$500 thousand dollar burn rate. He cannot give details of how that comes about unless it is part of a news release. The info will likely come out at the AGM or with the second quarter results. Why is it that we do not beleive this information? Rockymica also said above that when pressed about the PO, Mika said that they preferred to raise money through less dilutive means. Yet we still question this statement. 635,000 shares sold today for pennies when the information that I see points to this thing taking off within the next 18 months. I don't understand the selling. If the share price was $1.50 right now I would be holding.

 

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mo
Jun 30, 2017 07:15PM
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