News Focus
News Focus
icon url

jimmyjam918

04/04/13 7:28 PM

#1324 RE: Value_Investor #1322

Noooo..You would then have a share issuance to raise capital for the company. When you have no cash AND no debt how do you obtain cash for your company?
-If its publicly held you issue shares to raise capital.
-After that is done if another year down the road you
are out of money again THEN you borrow funds.
-Then another year down the road if you have exhausted that
money THEN you have no choice but to go the Bankruptcy
avenue.

We will be looooooong gone by then.
icon url

Omnesion

04/04/13 7:37 PM

#1326 RE: Value_Investor #1322

Sorry, but you're just wrong. I know for a fact that they're not doing any R&D at this point. The only real money they have outgoing is salaries and Stifel. Their quarterly burn rate isn't even a million/quarter.