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Re: None

Thursday, 06/03/2021 6:31:45 PM

Thursday, June 03, 2021 6:31:45 PM

Post# of 140475
The other thing is Vicarious needs the money desperately to pay all 90+ employees that hold high level title positions and to keep the lights on and the space rented in DT Boston. In reviewing Vicarious's linkedin profile, they appear to look a lot like VERB Surgical was as they ramped up their operations (of course in the end JNJ shelved VERB in favor of Auris). Vicarious has a ton of new hires within the last year (looks like more then 50% of their employees). Seems that they have taken on a ton of annual operating expenses and probably have a very, very high burn rate. Well at least they have a prototype and 4 patents.