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: If its about cash burn

Then why don't they line up some credit facilities to carry them past the point of current cash window, if the orders that they talk about are coming as said. 

This way there is no dilution of shares and warrant holders are not pressed to exercise now.

I'm sure management would have a good idea of what revenues are in sight (if they have been open and honest with shareholders) to cover any debts incurred, even after the current cash on hand runs dry.

No financing would be needed now, at current market prices and hopefully markets turn around by 1Q2023.

And even if orders are delayed(within reason) they could use the Debt facilities  to carry them as needed, and if a share financing has to be raised, it would be at a much higher share price than now, that is less dilutive.

Jmho

Ron

 

 

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Sep 28, 2022 12:28PM
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