Who even remembers what OVT’s actual business is? They’ve been stuck on just selling IDSB and scraping together enough cash to stay afloat – and that’s already taken nearly half a year. The whole company is teetering on the brink of bankruptcy.
BNPL isn’t exactly a new frontier, either. The US already has several major players fiercely carving up the market, and for OVT – the new kid on the block – how exactly do they expect to compete without double the effort and superhuman efficiency? Let’s be real: as time ticks on, BNPL isn’t just delayed – it’s becoming downright unreachable.
Some folks are still daydreaming about a superstar CEO swooping in to save OVT from the fire. But come on – if you were an accomplished, world-class CEO with a sterling track record, would you be job-hunting at a Fortune 500 company or poking around a third-rate no-name shop? The only thing that might tempt a top-tier CEO would be an absolutely obscene paycheck – and yet, OVT can barely afford to buy new underwear these days.
So, better start bracing for delisting… or just resign yourself to leaving that money tied up for five or six years and hoping for a miracle.
OVT Price at posting:
0.3¢ Sentiment: Sell Disclosure: Not Held
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