They never cared diddly squat about the surveillance side of the business, they primarily invested for the ability to manufacture antennae booms in space. And now the patent for that side of the business has lapsed you would have to assume they don't care for Kleos anymore, is that why they reneged on tipping the agreed $5.5m into the IPO?
This, imo, was nothing more than a well disguised founders exit for a failed business model.
Cash will disappear, a lowball raise will come along, then another to a different broker and then the acquisition and name change. Those who brought this to market will then disappear into the ether with pockets lined.
KSS Price at posting:
14.0¢ Sentiment: Sell Disclosure: Not Held
