GREY:SYXXF - Post by User
Post by
schnauseron Mar 03, 2015 4:18pm
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Post# 23485507
Raising Capital
Raising CapitalWhile debt does pose the risk you mention, theoretically, I don't think they need to raise enough money that that risk is significant.
I believe each box cost $600k (correct me if I am wrong), and they need enough money to keep the lights on for 6 months. Their expenses were 751k in Q3, so $3M would cover everything.
I think its worth the risk, and if they were able to use debt, I am sure they would. I think it comes down to not having a choice.
But we can agree to disagree, and like you said we will find out soon enough.