Investors don't like watching their money being piddled away..SAS had ample opportunity to at least get half a dozen sats up for revenue. They have simply run out of chances.
Of course it doesn't help when management show their incompetence and change business model mid way through a cap raise. They should have identified the market for IOT/M2M applications 3 years ago. Instead how much time and money was wasted chasing companies like Beeptool.
SAS Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held