Yes I’ve seen that and that is why my estimate is 3months…they need more cash…more cash generally means major equity injection and dilution to existing shareholders
potentially a reason why the selling has been relentless and may continue due a likely entry at a sp that is much much lower
all this cash spend to develop prototypes that MAY develop into a commercial contract
I just really really hope the customer is not that same org as the fab vendor…because if it is, they have BLG by the nasties
BLG Price at posting:
2.4¢ Sentiment: None Disclosure: Held
