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Ann: SHO: Licensing Agreement signed with Linius Technologies Ltd, page-150

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29/11/19

13:28

Post #: 41709269
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Originally posted by frankieV: ↑

Anyone who has held LNU for longer than a month in almost any time period the past 2 years is now underwater due to dilution.
As I have said before, even if they magically picked up a client tomorrow that was going to pay them $1mill a month, they would still be cash negative and would need to cap raise.

Even if they picked up that one magic dream client, the investor grade market would be saying - awesome but we need a second one just to survive, a third one to grow, and a fourth one to look at divvies down the road.

That's a big ask, it's so much easier for them to just stop wasting money.

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Wrong. If someone started paying $1m a month they’d have $1m profit per quarter. Read the 4C on page 4.

LNU Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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