Resonant, Inc (RESN)

[tykundegex]

Wow, very understated conf call just now. $10MM raised at above mkt price (at time of announcement), $7MM of which comes from their new partner. Partner has between 30 and 70% market share, and will pre-pay $9MM in exchange for lower royalties. This all bodes very very well for the company.

They would not come out and say it, but with the latest raise and $ potential from warrants, they seem to imply they'll turn the corner and get cashflow positive before EOY. And the new partnership alone could provide significant revs, albeit down the road several Q's.