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Hoghead7

05/10/24 12:45 PM

#59624 RE: King James 1 #59623

Nobody knows for sure what cash burn is going to be moving forward but I'm guessing it's going to be less than 40 million per quarter for the remainder of the year. That's 120 million subtracted from 297 million. Cash burn Should be declining at that point. But that leaves them with a minimum of $177 million which still leaves them with more than one year of operations.
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igotthemojo

05/10/24 2:34 PM

#59627 RE: King James 1 #59623

"I believe the people buying are smart people."

but you thought that at $2.50 and $2 and $1...

heres a blast from your past from June 9 2023 when the pps was $2.50:

"Sanity in the financial system and the market will stabilize and Date: by June 9 2024 and FCEL will be at least 5X present value with revenue over 50 mil per quarter.........See you then? Should be fun to compare notes. What do you say?"

the pps has to hit $12.50 in the next month...not gonna happen....hopester was more pessimistic but you mocked him...as hopester was predicting one buck, you mocked him...when he said .75, you mocked him...when he says .50 could happen, you mock him...

see a pattern there?...

you might want to pay attention to those who have been right instead of those who have been dead wrong...AGAIN, this isnt a sporting event...cheerleading your favorite team as they continue to lose day after day is not a good investment strategy...it is actually VERY BAD...