It would be unwise to raise capital when you have only 1 quarter left so when would you suggest they do so? It will be soon make no mistake.
I have been invested for years maybe even longer than you idk. I have seen the degradation in the product offering as competitors focus on bringing a prouduct to market that is actually needed now. There is no money in ‘ideas people haven't thought of’ because companies can not just up and switch to new designs without considerable due diligence and abundant supply. They have no hope of bringing a product to market without a capital raise in any case, hence why many investors who used to frequent this space have moved on.
BRN Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
(20min delay)