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Opti Inc. Message Board

  • smaycs4 smaycs4 Dec 28, 2011 11:43 AM Flag

    5 cent a quarter burn rate for the last 2 quarters

    Assuming that continues and no additional settlement monies, they would be down to approximate market value ($1.56) in 5 quarters.

    Frankly, I see no need for them to sit on so much money.

    Unless they think having 75% less cash would weaken any negotiating position they might have.

    At this point, it seems its all about maintaining management salaries for as long as possible.