I own Velo and you are correct. They along with AM as a whole are getting their tally-whackers spanked. When your cash burn surpasses what it costs to make the product, Houston?.. we’ve got a problem.
A reverse split was approved yesterday and my experience with those tend to be poopy.
They ate deep in the DOD and SpaceX so one must keep hope alive I suppose.
I am just waiting for China to pull the rug out of the US’s 35 trillion national debt by going to a gold standard. They and their “partners” have been accumulating.
Our debt is a joke and unsustainable.
The arrogance of America to expect the world to fund our failure is a knee slapper.
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