The market conditions for some years have been robust and awash with cash.
This situation has now changed and a sense of reality has hit the micro-cap market segment.
Companies with strong cash backing, technology-focused products, a sound business model and prudent management will ride out this pandemic.
Those operating on debt and stories will falter.
Its now time for the micro-cap end of the market to get its house in order and begin presenting realistic transparent business models to investors.
It currently operates as the wild west.
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