Financing, supply chain disruptions due to Covid, manufacturing for demand, lack of trust in company leadership, high level of debt, ridiculously high number of SOI, negative cash flow, need for further capital raising just to name a few. The market is forward looking and the SP is still behind where it was at the time of the LIFX acquisition. I am not trying to sound negative but there is a heck of a lot going against the company and I still regard it as a high risk investment. Sure, they are heading in the right direction but still have a very long way to go.
BUD Price at posting:
6.4¢ Sentiment: Hold Disclosure: Held
