The launch in the US is massive and very important to the future of the company.
SPA will be competing against other smartwatch manufacturers, including Apple and Samsung.
Get this right, and the company is well on the way to achieving its long term objective of being a world leader in the Smartwatch market for kids and the aged.
How is it supposed to achieve this without a cap raise and on a shoestring budget ?
I am not saying the company is guaranteed riches. I am saying if you are going to do this - US expansion, give it your best shot and do it right.
And that's what the cap raise will enable the company to do, to do this properly.
SPA Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
