I know I will get shot down by some holders on thsi forum but I have been following this stock fairly closely for about 2-3 years and had to sell out at around $1 at a small loss. But this quarterly is seriously the last nail in the coffin for me to even consider. They have had far too long to get this company cash flow positive. They are only going to generate about 7mil in revenue yet burn through nearly 12 mil. I struggle to see this stock being worth more than around 15c at this stage. Companies like this need to grow like 20% quarter on quarter and they are barely achieveing that year on year.
I feel very disappointed for all long term shareholders.
I know I will get shot down by some holders on thsi forum but I...
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