Hello.all, I think many are overthinking this raise. First thing i noticed in quarterly was $2,084,000 cash burn once rev taken out, attributed mostly to staff and corp costs leaving about 500k in the kitty.
Yakov has hired highly skilled workforce to make this company and cashflow is on the increase.
Difficult to speculate how quick we will get to cashflow positive but thats when sp will hean north without looking back. Until then, as much dilution as is needed to keep motor running.
only a matter of time before GMV prospers. Definitely in the right space with global pandemic. I suggest that any who want to get off this ride sell into good news. Shouldnt be too far.
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