Forget PTK, no Business man wants traders borrowing his stock!

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Maple Syrup

Rank: Treasurer [?]

Points: 941 [?]

Votes: 167 Score: 2.1 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Forget PTK, no Business man wants traders borrowing his stock!

posted on Feb 13, 2019 11:13AM

To all,

Thomas Mika is no different than any other Business man. Thomas is trying to build shareholder value and SP through the use of normal business tools / acumen. Suresh and Thomas have clearly stated their (and our) direction. Not your cup of tea... step off. Otherwise, we are in for an intersting ride.

I also do not believe that Thomas can borrow $ backed by any physical assests. The bank, VC or whatever will want to both understand the science and the potential sales. Once we see $ coming in, it will mean that someone gets the science & sales. Banks do not normally lend $ just backed by assets. That is a person to mortgage assumption. This does not apply to Business. Banks do not like to sell assets down the road. They want proof of life! (and the ability to pay) If he successfully closes financing, we have a true message from someone who knows.