It would be good for BUD management to outline in detail how they are going to absorb the increase burn with increase in losses plus $40m debt adding at minimum $4m pa to their existing burn. I am sure the strategy is built on hope, finger in the wind, etc. how much do we know about LIFx amd their major SH and Creditor putting a huge amount of pressure on them to pay debt back, this forcing LIFx to make a deal with BUD to give these people a liquidity event so they can exit and move on, just a thought, I have no knowledge or basis for my thought, is there any merit in it? If there is, will we see a big sell off post deal, assuming deal still happens? IMO
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