Wow, that quarterly highlights why this is one of the most exciting tech stocks to own right now.
cash burn of only $23k for the quarter. So what this means is that us shareholders get all the upside of any tech stock, meaning that if they announce a major contract the share price will fly. But we have none of the traditional downside, meaning that they aren't really burning cash and so the dilution risk that most tech stocks have doesn't exist here.
major customer will ensure minimal cash burn, giving them plenty of runway to secure good deals on their terms.
plenty of upside, limited downside - now that is the definition of a good spec stock.
KNO Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
