Thankfully, i dont own and took a small loss in the low 20s but why do these idiots always raise money after a supposed 'takeover offer' is received.
Not once, but now three times. They raised at 60 cents after receiving an 80 cent offer, gifted 24 million options @40 cents to Regal after receiving unbinding offers, and now raising at 10 cents after 25 cent offer. i am not aware of any other company that does this.
its like this is their strategy to respond and pissoff any prospective bidder.
The clowns think mentioning the buzzword AI will get them out of trouble. they clearly dont care about the shareholders' interests.
All the talks about cash flow positive and EBITDA and here we are.
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