BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Best Buy US Expansion for LIFX, page-117

  1. 7,196 Posts.
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    Bentas you need to do research or understand what you're talking about. Do you think i would waste my time if i hadn't seen this before. BUD needs to achieve not wait they need sales and fast, 10 mill will go fast.

    When you get down to 4 or 5 mill and the cashburn is still high you need to prove you have enough cash to stay afloat which means a CR. You can't let the funds get down to 1mill with high cashburn.

    BUD is in a interesting position but you wouldn't know that so stick with positive and negative it takes zero thought, all IMO.

 
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