Ann: Robo Passes Prior Year Revenue in November, page-26

Cash burn is their big problem. They raised on initial float around 6 million and probably have had similar amount invested since. So in 12 months where has this 12 million gone. Where is all the money they have made gone. Big investors brokers will never invest in a company whos share is in freefall and no money in the bank. Thats logic. Each cr they have will drop share price.
Some investors with due respect are saying this share will hit 20 cents by chrismas 2017 and be a 10 or 20 bagger by christmas 2018. I would love that but unrealistic.
If at Christmas 2018 i get my money back would be my dream. (Average 8cents).
A truckload of cash in the bank
Would change rbo issue.
Multiple cr' next year will create a negative sp.
I am not an accoutant but understand cash in the bank is king.