That fear is already well baked into the lowly stock price. The rceipts from customers should be $2.29 million, not $229,000 by now on existing agreements. Like I say, still a burn, but at least a reduced one.
That said, at least this could/will slow the burn:
But its too little in too tardy a fashion. And if people think I am being harsh, lets have a little look at past guidance:
Its not our fault they aren't ready she would cry. The guidance was undeniably poor.
I actually think they might just avoid a CR (by the skin of their teeth) as these contracts and other potentials finally begin to come to fruitiion. The market won't believe it until investors see a clear deaccleration of cash burn twoards zero in these notices.
ASM Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held
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