Post by
shagharbour on Mar 03, 2015 9:28am
ordered two new real sens instruments
Is the financing for the additional realsens units, or will it be used for something else.
Synodons website doesnt give you any idea of what their arsenal of equipment is.
What they should be doing is make a profit consistenly for a few qtrs. and then get
finnancing.
I think another option here is a Joint Venture with a company that has deep pockets.
Comment by
Sir_Holler on Mar 03, 2015 10:20am
They need money for TWO new instruments. The one unit they have was operating near full capacity on the Aug-Oct quarter. They feel they not only have enough busienss for one more unit but TWO!! With one unit able to take the company to a $.01 per share profit for the quarter imagine what THREE units could do! They need growth capital!