Jumping, I believe at end of 2016 report POETF had about 15 million Cash and from the R&R presentation Slide 29 shows as of 6/30/2017 Cash was 9.8 million, so looks like burn was about 5 million for 6 months, if that burn rate continued and no cash was raised in 2017, then end of 2017 Cash should come in at about 5 million, which at that same burn rate would last through June 2018
POETF needs other sources of Cash to emerge from operations
1) Denselight product sales expected to ramp quickly? (they sure have added many new hires in 2017)
2) Dielectric Photonics protos expected 4th quarter 2017
3) NRE's for GaA's?
4) Warrants exercised (priced .52 CAD) ?? Need some significant good news soon!
Maybe Mack can add/correct to this list ?