Hey @Fitza, what you've listed is only part of the picture.
There's also a long line of self inflicted ones also:
- CN disaster
- high director salaries (more than expected for a penny stock) and continue to incentivise while we need capital to grow the business
- change in business model from low cash burn licensing to high cash burn development. And they think we didn't notice.
- multiple slippages in revenue forecast
- lack of updates on key mou (nasdaq listed blah blah) for which is the reason most here started investing into xped.
- test gateway samples to intel and no update for months
There's many more examples. The point is that the sp may be driven down by many factors. But some of them are in the control of the directors and imo they lack the strategy to arrest the situation.
XPE Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
(20min delay)