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Pro_v12001

08/16/21 8:38 PM

#76903 RE: khaled_shatila #76902

I think this is nothing but positive. We have cash that will last us till November of 2022. We are no longer financed by LPC which dilutes shares and also invites shorts. Not to mention the extra commitment shares we had to give LPC as part of the deal.

The shelf offering is there. $100 million dollars. If we are at $10/per share that is only $10 million shares. That still puts are total outstanding shares at under 120 million shares which is low, especially as we move to the nasdaq and institutions want liquidity.

We have the ECOC conference coming up soon and I believe it will be detailed on how we will be working with foundries and how we fit into the foundries PDK's.

LPC is gone! This alone is a big deal!
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Bruinfan4ever

08/16/21 8:40 PM

#76904 RE: khaled_shatila #76902

My take is this. The stock could be down tomorrow just because the overall markets are bad. But I believe if we see higher volume it will be green not red.

So we will see what happens.