There have been red flags for some time now, but the cult like culture on this forum was unshakeable.
There were also many detractors amongst holders, but they chose to procrastinate unfortunately.
My presence here since early 2018 was always meaning to caution shareholders in the wake of the many tech fiasco post BIG / GSW, and along the way, a few holders, notably Milo (who sold out at 15c) , budfox (who is now my buddy on my Its Over thread) have elected out saving themselves some good money instead of throwing more good money after bad.
I see the combined BUD/LIFX outfit to be in the red until 2022 - the performance shares to LIFX directors if they can achieve those large revenues , simply another red herring.
The reality is that with a more challenging market environment, prospective buyers would be more discerning. BUD at still at $80 million market cap despite having fallen >50% since early Feb 2019 since announcing the LIFX deal.
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