Was only just saying to a friend who is invested this morning that I really hoped they would still have over $2m in the kitty after this quarter
Got my wish and now feel very confident after the last two quarters that this team is being super conservative with cash whilst pulling away from the legacy products to completely focus on the talking heads commercialisation
Stroke of genius to have used that revenue to bring this tech to life instead of just burning cash like so many other tech specs
They start signing deals this quarter to show this ain’t no joke and the next raise won’t even need to happen as we might see some option conversion from the board and after their last experience raising I feel they’d rather use the financing available instead to bring their vision to commercial opportunities
Been sitting in the background honestly just hoping for this to come to fruition and had to look away so I didn’t do anything silly like sell on a low
Happy to have held and feel like this run will be the sustainable one and go so much further than what we’ve seen before
And then get bought out for a hefty sum like what was planned all along by SS
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