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Biotech / Medical : BioLase Technology, Inc. (BLTI) -- Ignore unavailable to you. Want to Upgrade?

To: Phillip Kelly who wrote (561)10/21/1999 2:49:00 PM
From: J Stone  Read Replies (1) | Respond to of 706
 
Only thing I don't like is that I haven't heard anything about the laserbrush.



To: Phillip Kelly who wrote (561)10/27/1999 6:30:00 PM
From: Vadim D. Marchenko  Read Replies (1) | Respond to 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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