Is everyone serious about running out of money? TLT raised $17.25M less than one year ago. Even with a $500,000 monthly burn rate (which is way higher than actual) this would equate to almost 3 years of funding. Since the burn rate is much lower we have tons of room UNLESS of course they spend $$$ on the money losing LASER DIVISION. NO WAY. DO NOT DO THIS!!!!! We cannot afford to spend $$$ on money losing vanity projects. We all know what I mean here.
Theralase Announce
s Closing of Prospectus Offering for Gross Proceeds of $17,250,000