Ann: Capital Raising Update, page-222

  1. 2,152 Posts.
    lightbulb Created with Sketch. 274
    If the PL5 was a failure and management has no hope for PL6, then they wouldn't spend $1.5 million to Infineon.
    They would keep the money in house to prolong their lifestyle paychecks.

    The fact that management is paying $1.5 million means that they believes there is a future, or they are spending $1.5 million to fool shareholders.
    The first option seems more likely.
 
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