First of all the burn rate IS 100% R&D toward various approvals for co coal combustion production, and septic sewer treatment type stuff so once approvals are obtained the burn rate goes to zero almost instantly. The machines they sell are sold at a profit over manufacturing them then there's residual revenues built into a lot of the deals. Last time the issue was @ $8.00 it had 0 debt/burn rate with profits only from sales of Magnegas for welding, and the sales were much lower than they currently are so when three revenue streams become profitable in sectors much bigger than welding gas, $8.00 is just the beginning of the paradigm shift
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.