Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: Lower Open?
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Dec 16, 2014 10:31AM
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Dec 16, 2014 11:02AM
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Dec 16, 2014 11:45AM

Absolutely agree Scary. The SP is especially important to a company that relies on its shares to provide its funding. Without earnings there is nothing else and eventually they will need to raise more monies to keep operating.

I have no idea what their burn rate is at this time but suspect it's substantially higher than the last report I'm aware of, as well they have to make provisions for the new CEO they're looking to recruit. For all I know the new CEO may want to see the RS issue resolved and the treasury significantly topped up before having his/her name attached.

As has been stated here by some, R and D costs money. In the case of our competitors the next generation of chips run into the hundreds of Millions, if not Billions to develop. I wouldn't be suprised if there have been some demands on PTKs treasury in this regards and may well be in the near future.

So yes the SP should be of great concern to all of us. A financing done at fifty cents will hurt a lot more than one done at three dollars. Of course this is just my opinion others are free to disagree.

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Dec 16, 2014 12:51PM
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Dec 16, 2014 02:32PM
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