indi, ilmn has access to all our tests and results. do you think they may be better prepared to enter the market. they do have a little more name recognition than sqnm.
When the PPS was over $4.50 just prior to Q1 CC and WW knew revenues would be declining for the year why didn't he file then and raise cash would have saved a lot of dilution.
Filing is for up to $300 Million don't expect anything near that. As for cash they had $86 Million as of June 30,2015. Something is not right there.
If I hit the lotto for $500Million, then what? just as good chance. They have nothing that is why they are changing the model again over 20years and NADA! What if one of their goals for 2014 was cash flow positive in Q4 and breakeven. Wait it was but they didn't get there. Let's pay out $3.4 Million in bonuses and add it to my tab.