Yeah. My guess is this company is burning the hell out of cash. And fast. Next reports will confirm.
Thinking by end of calendar year or first 3 months of next year we will see another CR. The SP will get smashed and dilution will keep serious players away for a long time.
I suspect if they don't turn a profit next year, or at least make headway to profit territory, then this company will fold.
Edit: fold in the next 12-24 months that is
Last edited by hashtagyolo:
Edit for clarification16/08/17
SRO Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
