Unfortunately an establishing business cannot command terms suitable for them. It would be a tad different if Buddy was established it is why financing is critical to cover short term cash flow issues due to the lag. However, this disparity or lag should be minimized once the first set of sales are realized. It will diverge only if there is another surge from baseline sales on credit terms. Some business based on demand for their products require TTs and LCs (that can be immediately discounted to gain cash vs utilizing debt). Ky only concern with LIFX is the nature of the terms I.e. secured vs unsecured however this is mitigated when dealing with mega distributors like amazon. The receipts for those. impressive sales should be eventuating from early 2021 onwards. so the business model perspective of cash flow is not an issue as we will have a lag of 5 months and adequate feet funding can get this company through provided the POs are realized. Otherwise it is further dilution via CR
BUD Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
