Mom is right. Unless they can secure reasonable funding to get them through to decent revenue this is in a death spiral and I fear they won't continue to attract enough funds to keep them alive long enough to secure enough revenue growth to attract new/additional funding.
You are right about businesses needing some time - unfortunately these guys have a month of cash left and the max they can raise through normal raise is 25% without shareholder approval. 25% would provide another month and a half of keeping the lights on. It is dire. So they will need additional funds from elsewhere or it is going to be goneski because they don't have the cash/time you pointed out they need
3MF Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
