Even by their own admission they need to restructure facilities to survive. They told the market no more CRs. That's another big lie. Their cash will be consumed by year's end and interest expense continues to rise as the business fails to deliver profits. TTV at double the rate wouldn't even cover their costs. Time to write their obituary in my opinion.
Costs are not under control and the strategy is working but far too slowly. June 2023 is another fantasy timeline. No charts presented by management hence their credibility is very low.
