fark me drunk there is some quality sht in this thread now
tell you whose had a sht day is yacov - 35% of $350mio USD is about $125 million dollars so I’m pretty sure he’s fking motivated
I think everybody here can agree that going from $35mio market cap one month to a $350mio market cap the next with 30 mio in the bank was always ambitious. They swung the bat and missed.
thats business, welcome to A grade
Raising capital is one of the hardest things in business to do. No the business isn’t done (yet) - no this isn’t a Ponzi scheme - stop the moaning, this is a spec stock that’s just starting to make revenue and has had plenty of mis steps in the way. Yes there is a business case here and all of us invested because at some point we thought the business and products had merit.
The main issue here is access to capital and funding ongoing ops. We won’t have a say in that, we don’t have a say in jack sht at the moment. We have no visibility and I’m hoping an update comes soon. I’d say after the $5 mio cap raise in August and spending $1mio on the (failed so far) IPO plus funding ongoing ops, they have about 2 quarters left without knowing any progress on IDTF or any other sales.
put up and shut up - there is no out at the moment- so we all better pray they get their sht together and can raise some funds soon. That’s investing.
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