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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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