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: cash burn and revenues-fj
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Jun 27, 2017 04:08PM

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Jun 27, 2017 05:46PM
Agm
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Jun 28, 2017 12:11AM
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Jun 28, 2017 01:31AM

Jun 28, 2017 03:09AM

BCB 

Even for a CFO, it would still be difficult to peg the exact burn rate, a lot of the previous costs we're one time costs for equipment, moving equipment, transferring people, shipping costs, etc. 

Now, they are hiring people like crazy and if Poet doesn't have the perfect accounting or business program and things need to be entered properly (garbage in/garbage out), it'll be nearly impossible to peg your exact burn rate.

You need a great accountant plus a great team with these programs. This is reality of all businesses these days, especially complicated ones.

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Jun 29, 2017 04:51AM
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