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Re: None

Friday, 05/10/2019 10:41:20 PM

Friday, May 10, 2019 10:41:20 PM

Post# of 60855
Minor rant

The purpose of public offering, "a public company", is to raise funds to build out to scale, so as to be profitable at scale.

It does not matter what you say in your prospectus. You must perform to this expectation, otherwise you are better off as a government sponsored academic exercise.

A certain amount of R&D is to be expected in any technology business. But, you cannot be 100% R&D, or even 50%. 15% or 20% tops R&D. The rest must be gravy, especially after 20+ years.

This is not a national laboratory, it is a public "for profit" company.

Now, who is it exactly that does not understand that ? That person or persons need to "lead, follow, or get out of the way".
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