Cerhob,
How can you say a penny dreadful when revenue is increasing at a compound 40 - 60% month on month? The reason for the raising is to meet the costs of high growth, and at least they are waiting until they have a customer base before committing to the costs.
Take a look in the history book of 1999 - 2001 and find me a startup telco that made any real revenue during their start up phase!
The Mystery Continues, page-3
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Mkt cap ! $69.70M | |||
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