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Biotech / Medical : BioLase Technology, Inc. (BLTI)
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To: Phillip Kelly who wrote (561)10/27/1999 6:30:00 PM
From: Vadim D. Marchenko  Read Replies (1) of 706
 
How about plain ol' money problems?

According to the most recent 10Q, they have $.10 cash per share left, and they are burning about $.25 a quarter. What are their plans to raise cash? How dillutive or damaging would the next round of financing be? What if they sell off investors through floorless convertibles ?
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