Ocean Power Technologies Inc (OPTT)

[JeffTee]

I will take the contrasting view that they are burning cash at closer to 23 million per year, then add the costs of poor acquisitions like the MAR acquisition which wasted 4 million of cash and diluted investors by millions of shares.

If nothing changes, they have 2 to 3 years of liquidity - but this company does really stupid things in my opinion.

Plus they just fired up their at the money stock offering which will dilute all investors further.