Biggsy is always the eternal optimist. I do genuinely want to believe like Biggsy but the data points are always incorrect. This is a loss making operation with no path to profitability-too much on marketing hype, not enough on cost control. With what we all saw on the presentation, the CFO didn't seem very capable/detailed in the business.
EBITDA adjusted-whatever, they are burning cash and need another capital raise. There is not a lot of faith in the business post the June 30 numbers-the price speaks for itself.
EVS Price at posting:
6.9¢ Sentiment: Sell Disclosure: Held
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