RE:Open Question on Financi
the poster was me, and I think your plan to ask TLT rep is the right way to go. As I think I mentioned in a followup, the I.R. rep at the time may have misunderstood what I was asking (although there was no question in my mind that I was wondering how much more cash they needed to get into the first human trial, and I have no question that he answered they would not need more cash).
I was pretty naive about the company at the time that I spoke with the rep, and I assumed at the time that the reason they wouldn't need financing was their high expectations of revenue from the next laser iteration. Please understand, when I made the comment in an earlier post, it was an "aside" and not the main topic of that post.
I look forward to the response from TLT, but from what I am learning, I expect they will say that they need some financing.