QuickLogic Corporation (QUIK)

[FUNMAN]

I bought back in this morning.

I think the marketplace is gravitating to what QUIK makes. Wearables was my final catalyst. Smaller chips that use less power are needed when you think about wearing glasses. Recharging on the go isn't in the cards. Extra battery packs and connections; I don't see it.

Add to it that Samsung extended their relationship with QUIK to include another product line, leads me to believe, another Tier 1 customer may see the light too.

If and when QUIK announces they've moved one of the 8 tier 1 prospects they are working with through the pipeline to reach customer status, the PPS will pop over $5 very fast.

It's been a very long wait for this company. Their cash burn has led to so many small capital raises, but I finally believe they have enough cash on hand to nail the next big customer before they need to do another dilutive secondary.

For so long, the hype and promises of things to come have dictated where the PPS was going. Their fundamentals may finally determine the PPS.

QUIK may very well have FINALLY designed a better mousetrap.