Rockley Photonics Holdings Ltd (RKLYQ)

[prototype_101]

Septmike, it was a very interesting CC and RKLY seems to be firing on all cylinders, albeit they are the equivalent of a 12 cylinder engine burning a lot of (cash) fuel, but they seem to be on track so the 2023/2024 revenue estimates presumably are on track as well

interesting to note they entered a 50 million line of credit Agreement with LPC, I guess Rickman has been talking to ML and JM, lol, who'd have thunk it? maybe LPC is changing its business model to be a bit less vulture oriented, who next? Poet? Spectra 7? (although based on the heavy manipulation lower these past 2 months it sure seems it has LPC written all over it)

what will be interesting to see is how Lebby will navigate such a CC now being on the NASDAQ, investors have never been given anything relative to all of the NDA's, but at some point Lebby has to give information regarding a timetable to the mass commercialization, this of course needs to include the number of customers under contract and presumably some sort of revenue expectation