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Re: TheFinalCD post# 353

Wednesday, 04/17/2019 11:17:51 AM

Wednesday, April 17, 2019 11:17:51 AM

Post# of 431
They have 25 million shares if fully diluted (maybe a bit less with the recent cancellation of options), so not much. It just helps extend the runway they have before needing more funds. They had cash of $3.2MM at the start of the year (and no debt) but we don't know their new burn rate. Hopefully lean enough to get them down the road to a B-TRAN licensing deal with up-front payments.

I have no idea what the shares of Pathion are worth, they're a private co.
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