Yes I agree Capraise, many myths about AJX have been busted......the most important one.....the fundamentals.
You only need to look at past history to see the demise of its products and business model.
This time 2 years ago AJX was turning over $3.8m in revenue a quarter to now just around $1.1m and yet the losses remain around the same?
2 years ago AJX spent $622k on R&D, now just $170k
2 years ago had no debt and $8.5m in cash, now it has $14.61m debt but just $12.3m cash
The list is long.....the doubts are longer
The debt if not managed well, could turn out to be a major major problem.
Yes I agree Capraise, many myths about AJX have been...
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