Oct. 3 at 2:14 PM
$BOLT Data was originally slated for '1H 2026' now it's 'Q3 2026' so it's really only a quarter delay. Cash burn / qtr was 10M, 50% RIF will significantly reduce cash burn. 38M stockholder equity end of June 30, puts this at about 30M intrinsic value today or approx
$15/share. Giving ZERO value to any assets or partnerships w/ big pharma (Genmab / Toray). Tang owns ~9% . I fully expect w/ this great value position, low float (~1.92M shares), and institutional interest that this will either get a TANG BANG buyout offer soon or will have a low-float
$GLTO style pump. Either way, rocketships will be launching soon!