Hello,
DSS had around 1.5 million in cash and cash equivalents after their latest 10k release 3 or so months ago. They were buring around 400k every 3 months as of the average for the past 9-12 months. Assuming averages, they have more than a million left in cash. Plus DSS has released that they received at least 1.5 million in cash in the last 3 months putting their total at near 3 million minus the last 3 months of cash burn. You are very likely incorrect in your number.
Saying that, they should only buy new patents with third party investments. They need this cash to support operations until they can at least start moving sideways with cash burn. They have been seemingly doing ok using this approach over the last 12 months but time will tell if this is truth. I personally will trade some potential revenue in the future for immediate savings in the present in the current situation the company finds itself in.
Regards,
Kid
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