SI Diamond Technology (SIDT) Message Board

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Technology Stocks : SI Diamond Technology (SIDT)

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To: Joe Master who wrote (45)	5/2/1997 10:47:00 PM
From: John Q Binford	of 623

The statement that "It is anticipated that losses will continue throughout 1997 as the Company continues" from the 10Q seems to be inconsistant with the statement in the press release today that "our goal of reaching break even sometime in the third quarter of this year" It is obvious that with a burn rate of approximately $1 million per quarter and a cash balance of $365,671, that they will again be out of cash within three months. They will need more financing shortly. What are the chances of getting additional financing? The 10Q states they have commitments for future funding. This probably means further dilutions of stock. It looks very uncertain.

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