What is amazing is the extreamly high cash burn that continues from this company, with the most recent supply agreement disapointing and pointing towards no reall revenues in the near future it looks like the ATM will continue to be tapped for a long time to come.
Burning around $800k per week is unreal.
$40 million cash burn a year for no to hardly any revenue from a $350 million odd market cap company. Disappointing to say the least imo.
UNS Price at posting:
56.0¢ Sentiment: Sell Disclosure: Not Held