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zoomlik

09/06/18 10:25 AM

#1831 RE: ash111 #1830

Hard to say here .. you maybe right

But most likely you are not right

For now cost of sales has been equal to revenue and burn been about $4M a quarter , suggesting zero cash end of year and so a raise likely around end of sept

Once we see burn drop to less than $2M a quarter and QoQ growth of 20% , they can do raise without much damage to share price

P3 readout May be more hype than real for equity raise



ash111

09/06/18 1:18 PM

#1832 RE: ash111 #1830

One more comment. It could also leads to a partnership or a buy-out since Market potential/space is hudered of millions if not Billions. Not hard to figure it out.

Outstanding Shares

1,802,876

09/01/2018

Market cap $6.8m