Replies to post #578 on Clearday Inc (CLRD)

[read_this_n0w]

their cash in sept was 10.5 million after placement late august .. wont be a pipe here


http://seekingalpha.com/article/1833852-superconductor-technologies-ceo-discusses-q3-2013-results-earnings-call-transcript?source=yahoo

"As we have discussed in the past, wire production and kilometer lengths is necessary to achieve our target economies of scale. As stated earlier, we are beginning to take delivery of various components for our 1-kilometer RCE machine. We expect to have this machine assembled in the first quarter of 2014, putting us on track to exit the second quarter with significant production capacity."


"We ended the third quarter with $10.3 million in cash and cash equivalents and working capital totaled $9 million. As previously announced, on August 9 we received net proceeds of $10.9 million from our registered direct offering of our common stock and warrants. Based on our current forecast, we expect our existing cash resources will be sufficient to fund our planned operations through at least the second quarter of 2014."