Waiting for a government check is not ideal. Company is not in welfare.
The pace that VIIC is at with R&D would require more capital. Their goal is commercialization.
What happened today is a setback that slowed them down. However, the company's plan is to reemerge from chapter 11.
"During the reorganization process, Vision will continue to operate and work on ongoing government supported programs and R&D projects. It is the Company’s intention to reemerge from the Chapter 11 protection with a healthier balance sheet and thus be able to raise capital to execute its business plan."
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