Deary me.
Some familiar names still here. Poor sods.
I called 1c - 5c 10 months ago.
The company has performed worse than I suspected it would in that timeframe. Multiple raisings, receipts at $700k. Further raises to keep the lights on and buy two wheelers incoming.
As I suspected, competitors have blown past Pointerra. Pointerra failing to keep pace. Dev team and sales teams too small. No cash available to expand.
Olsen will continue to suck the odd investor in then, one day, it will be curtains. Surprised that certain soph investors returned to the registry. You aren’t so naive to have one conversation with Olsen and blindly tip hard earned in? What conversation did he have with investors at 12c? What conversation will he have at 1c?
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