Fri, Jul 25, 2014, 12:54 AM EDT - U.S. Markets open in 8 hrs 36 mins

Recent

% | $
Click the to save as a favorite.

Microvision Inc. Message Board

  • one_thousand_points_of_white@ymail.com one_thousand_points_of_white May 8, 2013 11:25 AM Flag

    Running the NUMBERS

     

    As of March 31st, 2012, MVIS had total assets of $8,740,000 and total liabilities of $6,968,000. Subtracting the liabilities from the assets, we get $1,772,000. That was from March 31, 2012, 38 days ago. With a cash burn of about $38,888/day (what they appear to be at currently), that places the total assets less liabilities number at $294,256 which comes out to about 7.5 days worth before the assets are less than the liabilities. SHAME SHAME, why did they wait this long to dilute? Is there a problem getting financing? I really thought they would have done something by now.

    So, what are you all getting your wives for mother's day? News of Dilution or news of BK?

    Something must give and give soon, otherwise the cash will be all gone. As it is currently, they have less cash than obligations and that is never a good thing. It is much like giving a child a credit card and letting him or her go crazy in the mall, it never turns out well.

    You're welcome

    IMHO

    White

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
MVIS
2.25-0.01(-0.44%)Jul 24 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Amazon.com Inc.
NasdaqGSThu, Jul 24, 2014 4:00 PM EDT
Puma Biotechnology, Inc.
NYSEThu, Jul 24, 2014 4:02 PM EDT
Baidu, Inc.
NasdaqGSThu, Jul 24, 2014 4:00 PM EDT