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

Free
Message: Re: Is something going on?
26
Jan 08, 2020 09:13AM
7
Jan 08, 2020 09:52AM
2
Jan 08, 2020 10:23AM
2
Jan 08, 2020 10:55AM
3
Jan 08, 2020 11:28AM
5
Jan 08, 2020 11:49AM
18
Jan 08, 2020 01:04PM
9
mo
Jan 08, 2020 01:18PM
9
Jan 08, 2020 01:20PM

Don't disagree with that logic, in Tranche 1 there were material changes to the PSA (delays) and the NR was issued. In this situation the delay at the moment isn't material, I believe the amount of $13M is the driver of being material and if received already, it should be reported. The Q3 balance sheet showed total assets of $4M (excluding non-current assets held for sale). We know they subsequently received $8M but that for all intents and purposes retired a bunch of debt. I'm not looking for a NR immediately but I think it's fair to expect a NR sometime in January to either report receipt or a delay in receipt of funds.

2
Jan 08, 2020 03:57PM
3
Jan 08, 2020 04:27PM
3
Jan 08, 2020 04:51PM
20
Jan 09, 2020 04:31AM
3
Jan 09, 2020 08:35AM
10
Jan 09, 2020 08:58AM
6
Jan 09, 2020 09:29AM
1
Jan 09, 2020 09:36AM
8
Jan 09, 2020 11:46AM

Jan 09, 2020 12:36PM
8
Jan 09, 2020 02:59PM
Share
New Message
Please login to post a reply