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

Free
Message: Re: revenues vs costs
6
Nov 13, 2018 10:10AM
9
Pw1
Nov 13, 2018 10:23AM

I think right now it is important to look at the monthly burn rate as opposed to yearly since 2019 is considered the breakthrough year.

One of the reasons they focused on Singapore was access to high tech engineering at much lower costs than in the US. Wages are significantly lower. And in the case of POET they are sweetening the pot with options. And there is also the grant money to consider.

But I fully expect the cash burn rate to be at least $1 million per month so there will be an important need to get the warrants into the money and convince some of the larger holders to exercise. Alternately we could see some of the big money on the board exercise options.

Some well-placed insider buying would help and we know there are sources of significant money on the board.

At this point it becomes apparent that if needed they could probably access debt in 2019 based on what will likely become significant orders and maybe some percentage of those orders will be prepaid?

2
Nov 13, 2018 10:45AM
7
Nov 13, 2018 10:47AM
2
Nov 13, 2018 11:07AM
24
Nov 13, 2018 11:07AM
9
Nov 13, 2018 11:29AM
Share
New Message
Please login to post a reply