Used to love this stock and had such high expectations. The activities report was a disgrace. A one pager that provided shareholders with no clarity whatsoever on the operating activities of the business. Smacks of management not interested in their shareholders - if they did surely they would give a more reasonable update?
Financial position is a worry with little cash in bank and if they continue to make the operating losses of previous two quarters then a capital raising may be needed - and then discounted at what price? A worry for sure.
Hard not to worry about something like that when they don’t provide more clarity on monies invoiced but not received - like they use to.
Still have a soft spot for MSG but god they make it tough. Come on management help yourself by communicating better to shareholders.
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