Ridiculous they didn't raise more in the prior raise some 7 months ago? If they knew they'd be expanding so quickly (which as holders we don't really have a financial gauge on) why wouldn't they have raised more before? I was always a bit concerned with the little they raised last time. As holders you'd hope they outline the specifics of why this raise is required very clearly. Would be nice to hear something from the company (how's Cisco going)? I am a huge fan of the tech and I like plan they have laid out however the waters are muddied in terms of revenue trajectory and how much can we expect over the coming years, which in essence is the only sane way of valuing a company that is still running at a loss. I'm holding for now but conviction being seriously tested.
imo dyor gltah
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