GassinA: They just did a CR at 5.5cB: They just turned down...

Gassin

A: They just did a CR at 5.5c

B: They just turned down another offer for a placement

C: Obviously there will be no sales in the short term. Duh. What, tech development companies have no value until they start making sales?

Facebook didnt even start selling ads on its site for the first 3 years or so, it had no sales, no cash flow.

So the seed and early investors in Facebook, Twitter, etc, they are bad investors in your books.

Dozens of companies valued far higher that PSY that also have no cash flow.

Tell me, what cash flow does SIR have?

And what are they capitalised at?

One in an endless number of examples I could give.

Its really you that isnt thinking clearly here...