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| coppice:
--- Quote from: EEVblog on April 01, 2019, 10:53:04 pm --- --- Quote from: Fungus on March 31, 2019, 06:56:23 pm ---I was hoping she was trying to recharge phones using human blood. --- End quote --- Wait, are you saying she's a vampire? --- End quote --- Perhaps she thought of The Matrix as a documentary. |
| EEVblog:
--- Quote from: sdpkom on April 01, 2019, 12:58:13 pm ---Meanwhile in Energous ...... Looks like they are going for chapter 11 very soon..... As of Dec/31 they had $20m of cash, and were burning $50m/year. Since, they said they published a prospectus (the initial document for raising money on NASDAQ), anounced they raised $25m, canceled the prospectus, filed a different one, all without actually issuing a single new share to the public (according to the number of outstanding shares on their website) https://www.sec.gov/Archives/edgar/data/1575793/000119312519059126/d714685d424b5.htm https://ir.energous.com/quote --- End quote --- I presume that most of their overhead would be in wages? If so, expect half the company to be axed shortly. |
| Fungus:
--- Quote from: EEVblog on April 01, 2019, 10:53:04 pm --- --- Quote from: Fungus on March 31, 2019, 06:56:23 pm ---I was hoping she was trying to recharge phones using human blood. --- End quote --- Wait, are you saying she's a vampire? --- End quote --- I was thinking more "Zombie" - eating venture capitalist brains. |
| djos:
--- Quote from: Fungus on April 02, 2019, 01:57:26 am --- --- Quote from: EEVblog on April 01, 2019, 10:53:04 pm --- --- Quote from: Fungus on March 31, 2019, 06:56:23 pm ---I was hoping she was trying to recharge phones using human blood. --- End quote --- Wait, are you saying she's a vampire? --- End quote --- I was thinking more "Zombie" - eating venture capitalist brains. --- End quote --- They might be good for a light snack...... >:D |
| sdpkom:
--- Quote from: EEVblog on April 01, 2019, 11:51:22 pm --- --- Quote from: sdpkom on April 01, 2019, 12:58:13 pm ---Meanwhile in Energous ...... Looks like they are going for chapter 11 very soon..... As of Dec/31 they had $20m of cash, and were burning $50m/year. Since, they said they published a prospectus (the initial document for raising money on NASDAQ), anounced they raised $25m, canceled the prospectus, filed a different one, all without actually issuing a single new share to the public (according to the number of outstanding shares on their website) https://www.sec.gov/Archives/edgar/data/1575793/000119312519059126/d714685d424b5.htm https://ir.energous.com/quote --- End quote --- I presume that most of their overhead would be in wages? If so, expect half the company to be axed shortly. --- End quote --- The money definitely flows, but not into employees pockets. They spend $50m/year on 73 (-1) employees. I wish my wage was on that level. |
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