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Re: pdicamillo1 post# 1750

Thursday, 06/20/2024 8:21:05 AM

Thursday, June 20, 2024 8:21:05 AM

Post# of 1815
Completely agree! One question I thought of later is: if most of the R&D is done why do they need to raise money now? Shouldn't R&D expenses decline? They might have answered that by saying that the line of credit would allow them to borrow as they need, implying it won't be that much borrowing. I was happy to hear that they think they can get down to 5/ng detection when the device is made. Seems like 2025 could be quite exciting for Lifeloc.
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