RE:RE:RE:RE:Market reactionarcheo753 wrote:
A good start but still won't cover the quarterly cash burn of $2-2.5 million. SEV will need to raise more funds to continue operating. Need ABL so we don't dilute another 25%. Looks like end of 2020 before we break even if ramp up continues.
Wow! How pessimistic can you be?
It's like when Michael Dell borrowed the $1000 from his parents to build and sell self-built PC's from his dorm room. Then, when he tells you he has begun selling more PC's, and that he expects to sell quite a few, you go on and say, "But that's only a few...You have a long way to go...I'm not investing in DELL!"
Yes...that is truly a dense thing to do!