InvestorsHub Logo

es1

Followers 153
Posts 16535
Boards Moderated 0
Alias Born 07/13/2009

es1

Re: maestro_of_Ihub post# 112654

Thursday, 09/15/2016 9:11:04 PM

Thursday, September 15, 2016 9:11:04 PM

Post# of 278195
Of course the burn rate will increase with production.
You know what else will? The price of shares.
You know what that means?
It will take less shares to get the money needed and it will be offset by income.

And if it isnt your first rodeo i expect you to be able to read and understand a typical 10k.
Which if you read and understand you would know that the admin costs are less than half of what you stated and the entire operational costs are at $2m.

For the record i hope to see that 10m in burn rate added to this quarter. Because a burn rate of $10m means we are in commercial production.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News