with a spend of 750k last quarter, only 400k of which was research, and only 750 left in the bank after a 260k rasing - suggests to me this company will not remain solvent.
would loved to have seen the technology get off the ground but all the trials point to it being a flop.
i think the chance of failure far exceeds the chance of wild success.
with a spend of 750k last quarter, only 400k of which was...
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