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th6565

05/10/18 9:40 PM

#37266 RE: Fullbirt22 #37261

On your post you wrote "They issued a lot of shares the last few months"??

I did not know that, are you sure?? On page 3 it shows: From 3/31/17 to 3/31/18 number of shares changed from 68,948,694 to 74,543,897.

dude abides

05/10/18 9:41 PM

#37268 RE: Fullbirt22 #37261

Look a little deeper.

Re-read the annual report - very clearly states they have cash through Sept 2018.

In the report ending Q1 2018, they reiterate that they have cash through Sept 2018.

For a company who always has 6-9 months worth of cash on hand, they're down to 4.

That means we're either going to get a flurry of LPC selling in the coming months, or they have another source pretty much locked down.

Place your bets people.

236T568

05/11/18 11:42 AM

#37308 RE: Fullbirt22 #37261

Well said

worth another read:



There are no solid updates. They're still messing with their new lab. Still tweaking the customer device. They issued a lot of shares the last few months.

Hope they pull this off.