Post by
lscfa on Jan 20, 2016 9:09pm
Alternate sources of funds
From the EuroPacific report:
"We look for the Company to raise capital over the next 6-12 months to both fund the operating losses and maintain a minimum cash balance for flexibility and demonstrate its ongoing financial strength. While equity capital would seem to be the most logical source, we could see the Company raise funds through the licensing of its technology for non-consumer goods applications.
Comment by
Saintvitus on Jan 21, 2016 1:39pm
Hey lscfa, still waiting for you to post the email that said they've met the $9mm minimum. Thanks.