I asked about Moelis and how/why they left our Alexicool completely out of their projections. Turns out that Petra actually visited their premises while Moelis didn't even set foot in the place.
Also, Olivia Bible has moved on from Moelis. Shows what a piece of garbage that Moelis report was, while Petra was quite thorough.
Oh, and they reiterated (again) that there is going to be no CR for cash burn purposes. Their debt facility is only 50% drawn and they're only 100k a month away from cashflow neutral.
AJX Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
