RE:RE:RE:$1,00 REAL SOONHow does a company that believes it has a commercially viable product get valued? Axe will begin a pilot Project soon that could generate billions in revenue but has a ~$15M market cap while PTK has been continually pushing back timelines for a chip that could generate billions in revenue but has a market cap over $100m (don't recall what exactly it is off the top of my head). So what is the differentiator between these two speculative plays?
And axe is partnering with GE, but without the details we don't know if axe is simply buying and using a GE component or if GE is putting any skin in the game. Has anyone talked to management to get further details on this? If the tech works it really won't make a difference on future valuation, but it will impact cash burn rate.
Thank you