Yep a young company in its infancy generally chews up a fair bit of capital in order to build a business/ client base, before it starts to generate revenue.....just take a look at HRL (different industry but same same).
If you are so negative and don't like the way management are running the company, why do you continue to hold.....just sell and move on....or even better contact the company and raise these questions with them, before you make a decision....either way it's your choice.
Cheers
Major US Brands - Amazon etc - Binding MOU with Looker, page-16
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