GREY:NMKEF - Post by User
Post by
Smokeramaon Feb 13, 2019 2:19pm
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Post# 29359630
The Only Thing that Matters from this Point Forward
The Only Thing that Matters from this Point ForwardThe only thing that matters from this point forward is the pricing of the next financing round. The marketplace will want a substantial risk premium.
I estimate that the next financing will be done at around .20 to .25 cents if all goes well. This is an educated guess. Cash on hand is irrelevant when you have a massive burn rate.