The invoice will be printed on paper which people sometimes refer to as "material"...
This is a serious walk back from the first announcement which now seems like it was purposely vague.
A 6 months project...
and not material.
So as stated above this is sub $1M in rev (gross)? Considering the burn rate is $1M a month this is less than a months losses being covered.
I believed in this company in 2021 mostly because I assumed they had a plan, the people running it seem genuine and you wouldn't bulk up the team so large without a real reason. Sadly i've been left with a 70% loss on my investment and no clear pathway to a return. Factor in stuff like this where they dont seem to be playing by the basic rules and it makes me wonder what is going on.
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