At the rate they burn cash on developing an app with no future...

At the rate they burn cash on developing an app with no future and impossible to monetise, having the founder pretty much leave before the app is even up and running while facing off against well established competitors with the same app in an already saturated market and with a truckload more future dilution just around the corner it isn't going to be worth much in 12 months time........smart money still getting out.

I'm sure Thred will put out more announcements regarding the "development" of Thred to still look relevant but once that money runs out that's when things get real interesting And when the next cap raise comes plus the release of escrow stock next year I would conservatively say there will be another 1 billion shares on issue. And the current price of the shares still doesn't make sense??