My thought is that this coy has been burning cash like you wouldn't believe. It would be interesting to know how much has been paid to 'related parties' of the Directors or to themselves directly. I have been in / out of this for a while and watching the huge amount of equity and $$ going to the Exec team and am astounded at how many millions this is costing. Just my own thoughts and DYOR.
My thought is that this coy has been burning cash like you...
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