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Re: iamthe walrus post# 40232

Tuesday, 09/27/2022 11:10:19 AM

Tuesday, September 27, 2022 11:10:19 AM

Post# of 43114
While there are some positives in that press release, I don't read anything that is going to make a difference 'next week' or even next month. I don't detect a sense of urgency. The company is burning through cash pretty fast - like two million a year. The next 10Q will help to see where they're at but in a year they'll probably have to start the process of fund raising again. I don't think we want to do that with a pps of 2.5 cents. The Endurion battery needs to be demonstrated with clear advantages over what is available today, and they need to do it in that nine month time-frame that was tossed out.
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