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Told you, he's not buying for the market opportunity This 4C is...

  1. HubertHuffnagle
    24 Posts.
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    30/07/24
    16:50
    Post #: 74986453
    Told you, he's not buying for the market opportunity biggrin.png

    This 4C is a grim read.

    25% increase in sales busy work along with a single $5K/month deal against a $1.44M/quarter burn.

    $888K of forward R&D financed @ 18%.

    Validating the US opportunity with Mastercard only 4 years into a 5 year agreement.

    That last one should make any investors blood boil.

    Didn't someone say something about the train leaving the station?
    ID8 Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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