this company appears to be being transferred to new major holders by ramping up spending, and draining the cash to make the sale as cheap as possible.
If you cant sack the board and management then this may well be gone by the end of the year.
They will be out of cash very quickly, and trying to sell the devices business with falling revenue is just a token gesture.
After the next raise , what % do you think current holders will have when someone tips another 20 mil in at this price, give about 50% went with the last one.
It appears they got their first strike and put the foot to the floor with spending, before the good times could run out.
Response from AHZ, page-46
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