Piece of the pie
posted on
Jan 02, 2018 10:27AM
Over the years we have change directions too many times. We hear we have groundbreaking technology.We hear we have discrete components that are miles ahead of the compeditors. Yet here we sit , not selling much because the company seems to want all the pie. That may be ok for the company, but if we keep waiting and diluting what will be left for the shareholders.
Lets say a year ago if we had partenered with a deep pocketed partner even for a 50/50 , our tech and their money, we wouldnt have had that terrible financing and would probably be over $10 a share instead of pennies.I think our financial situation is our biggest problem right now. I mean really, with what must be our burn rate now with all the new hirings,who really here doesnt think we will need more money...do you think a bank is gonna give us a loan,,based on what.I think not. and if we have to go to market now it will probably be below 15 cents a share which will massivly dillute us.
As far as people on this board claiming that we must have customers and orders on the table as we seem to be ramping up production and staff.....If we had Purchase Orders then than would most definately be something that should be disclosed to shareholders in a timely fashion.
Now before people jump on my back about NDA"s, they could release something like (the company has receive a purchase order fro a fortune 500 company for lets say $50 million dollars, deliverable in the first half of 2018) Now a statement like this should not affect any NDA , but can you imagine the boost in share price we would get knowing that our money woes would be behind us.
But since we have no news of PO"s, i cant see that we have any. And if our GaAs tech is that great how come its taking years to get a partner.Lets get something done before we lose everything...please