RE:RE:RE:Materially Debt Free PR
CADInvestor12 wrote: Wish we knew how much more than $13M the bank shows, in terms of burn, $13.1M vs $13.7M makes a difference.. also trying to keep in mind that ~$500K of cash came from non-recurring sources this year .. It feels like I'm nitpicking, I'm also doing this as high level math .. I am VERY long on MPL, my average is ~.12/ share and when/ if pharma hits, I see this as an easy 10x from my average.
I agree 100%. Fine margins here and every 100k matters. My average is far higher but I still agree that a 10x is possible even from my average. But I believe that if this ever gets to half a buck or beyond, its buyout chum at that point.
I'm not holding my breath waiting for positivity next Q unfortunately and there doesn't seem like anything positive is going to happen before then. This release was the standard Pidduck one that gives them something to talk about without saying a damn thing.