It's a start up company of course quarterlies will look like this. The company is at a stage now when you want to see growth in revenue. The positive thing for Bud is that the raising has been completed for some time and will most likely be the last raise either way.
The problem for Bud is Dave talked the talk and now to get the job done. The market will have no time for a failed outcome now and if so Bud will go to heaven all IMO.
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