A few months ago I wrote that I expect 1.25 mio of revenues. Even if they pull a very fat rabbit out of a bag they have to have a financing event in Q4. Anything else, with all due respect, is just wishful thinking.
The question is, do they try to take all the money they need to get to profitability or do they raise a little, less than 10%, and then some more 12 months later off a higher base with clear line of sight to profitability?
But I repeat, they need more cash next quarter.
A few months ago I wrote that I expect 1.25 mio of revenues....
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