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Technology Stocks : Research Frontiers Lonely Hearts Club Thread.
REFR 1.9500.0%Nov 29 9:30 AM EST
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To: DashernComet who wrote (166)5/13/2020 12:02:03 PM
From: Kevin Podsiadlik  Read Replies (1) of 170
 
‘at the current burn rate we have enough money to last 34 more months.’ or six quarters until a going concern memo from the auditor.

That won't concern the stalwarts. Six quarters away from the going concern letter is pretty much status normal. There always seems to be another sucker out there willing to toss them a few more million without thinking to look into things like just how many rounds of funding this company has done over the years, or comparing notes with past investors...
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