Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: Financial statement
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mo
Apr 23, 2017 01:28AM
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Apr 23, 2017 03:03AM
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Apr 23, 2017 07:54AM

Hi Sula, 

I wanted to point out is that for funny conservative accounting principal, this asset is not recorded in our balance sheet but it's still an asset. Once the Company has positive income, this asset will be recorded. 

So technically, we have a bookvalue of around 80 Millions CDN with no liabilities. I have seen worst.

So what's not on our balance sheet right now is 20 years of R&D and patents, management team like Suresh, Ajit, etc, a grant and R&D dev for the next few years, etc

 

I think like everyone else, we are trading way under the fair maket value of that Company, of course only if the Tech works. With the last few news releases, it seems that everything is under control on that side.

 

 

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