RE:RE:RE:6.50The only time the urgency to raise cash increases when they get sales.
Sales takes working capital for fe inventory and accounts receivables.
So, you aint seen nothing yet, when it comes to financings, esp when Poet succeeds. Presumably the pricing will be at a higher level. Financings at a higher level than your cost are a good thing.
JACKTHEBEAR2 wrote: Welll BBB for starters burn rate and cash on hand suggest a raise could be happening by Q4 if sales with vigor don't start. Also the summer months have a history of being slower for stocks which means many sell so they dont have to worry about things while vacationing. Thirdly Poet has said they still have work do due to bring things online and they also have yet to give any real hard timelines for commercialization. Just to name a few