your assessment is correct. They have 6-9 months undrawn funds.
it was v obvious today the pace of spend and new hires will in no way be offset by 10,000 units before Christmas.
exact opposite of the March launch / partnership idea.
i think this still will go off the charts multibag in the end but for the next 6 months what’s to get excited about? They have no stock to sell, so chance of revenue uplift is zero.
saying ‘investors will be interested in the metrics on how we differentiate our pipeline’ is horseshit.
digital direct to consumer model is horeshit. What the concept was originally was the reimbursement model for doctors was so attractive under the cheaper device costs they would be queuing up.
the WHOLE premise of the strategy was doctor led to build credibility off previous trials and then pivot out to consumer
did anyone else notice the rabbit in the hatch magically switched today to being online direct to consumer?
all of the presales activity to date has been to doctor based networks and NO progress in pre sales pipeline
your assessment is correct. They have 6-9 months undrawn funds....
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