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powerfullogic

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powerfullogic

Re: tjusa02 post# 2643

Thursday, 10/11/2018 3:25:48 AM

Thursday, October 11, 2018 3:25:48 AM

Post# of 3418
They have spent $96,000,000 since the inception of the company. Given how little they have to show for this, it's a dismal statistic however they have zero debt and cash equal to their market cap. The company is actually in the best financial shape since inception. The 96 million was financed through their consulting, private investment or primarily... dilution. All of their patents, effort and technology is currently valued at zero. If you think this is logical then no reason to buy, but if you think a DOE grant could profoundly alter the equation then it's time to buy.
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