Hahahaha one doesn't have to be an insider to know the revenue levels.
They announce revenues before the appropriate times.
MOU's, PO's, Hospital Contracts and even any scant interest is pumped up as a new likely deal.
You go remember Hygea?.....whoopsies only a $30 mill misunderstanding.
COVID testing......only a $22.3 mill shortfall. Being that short of expected revenue means you have to run at a loss.
When you run at a loss you either dip into the COH or borrow to pay the bills. There's no unicorn alternatives except for the Happy Clappers.
My concern is also of the $7mill owning. Who are the debtors? How honourable are they to the debt? How timely will they be? Are there any disputes? Are there any penalty clauses? Any delays means more depletion of the COH or increased borrowings.
GMV Price at posting:
3.9¢ Sentiment: None Disclosure: Held
