Bottom line ...is that this company is going to burn all 25 million ...and then caps raise again... i totally agree that they need to buy something... but alas... they are buying back employee and directir shares at 1 dollar... what a jib.
Even the most boring businesses need to be solvent.
On the other side of the spectrum, small time tech startups are searching the world for small earning ideas and profitable markets... a dollar here and a doller there... how much evidence do we need before the purse is empty?
Im dreading the next media release which describes the emotional link of this company to the market.
I would describe this business model as insolvent.
LVH Price at posting:
29.0¢ Sentiment: Sell Disclosure: Not Held
