Getting closer to that point. 9/30/17 had 43 mill of cash. Burn rate is 2.5-2.6 per Q, which will put them under 40 mill by that February date or more than 1/3 of the 63 mill spent and that's without any other capital equipment purchases. He can't burn more cash like that. The "majority" would agree that mid-2018 is probably more likely, though.
Hey, that April 2019 is getting closer than wanted, but Lugee called 2017 as the "Year of Liquidmetal," so forget the "majority" or "minority" - that year was Lugee's OWN words. It's all about accountability and he's accountable to his own funds invested.
Less dog shows and salary for Hauck, more focus on selling a profitable contract. He's had more than enough time now. His grace period has long expired, since Lugee took over. If Hauck hasn't sold anything (product, not stock) by that time, he should jump online and start applying for unemployment benefits because, by that time, he'll have wasted almost 900K in cash from salary, along with any opportunities he blew.