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PayMEmf

11/17/20 1:09 PM

#205492 RE: jaybiscuit #205491

Yes, any hidden info?

Almosthere

11/17/20 6:47 PM

#205505 RE: jaybiscuit #205491

It was a good 10Q in my opinion. Good volume and decent revenue.

But I think Li is going to have to secure another contract to boost confidence and show that this isn’t a one off. Especially since this is only a 12 month dental contract.

Let’s see if he can get this rolling now that we have 120,000 part contract to show we can do it!

Li has moved the ball down the field, now more than ever he needs to execute a great next play!

joshuaeyu

11/17/20 11:34 PM

#205513 RE: jaybiscuit #205491

Cash Utilization sticks out to me.

While not profitable, burn rate has come down significantly.

Cash is now down to 5 millions from 20 millions just a quarter ago.
In this quarter alone, 15 millions has been "invested". That's a "bold" move for a company which has substantial annual burnt rate not too long ago.

This is clearly an indication of "negative cash flow" will be in rear view mirror soon.

SOMETHING (other than dental part) will be keeping the light on for a long time