For me the elephant in the room is overall runway and capital management- - we can all assume there is something worthwhile in the technology but many companies have good tech but don’t complete the journey. - existing LTH have been diluted to oblivion by an excessive number of capital raises due to relatively i unconstrained capital and operational costs spending due to a lack of focus, slowness and missed timelines, poor negotiating of shared risk in development - as well as the number of capital raises, they have been badly timed , badly priced, put into traders hands and free capital as well has been over generously given to Board and Executives. Let the engineers and sales people get on with product development and partnerships and for heavens sake Board and Management set a clear set of operational imperatives , stop the waste and manage OUR capital. All the hype and BS in the world won’t save this company if Board and Management don’t step up and do their job
ADO Price at posting:
1.9¢ Sentiment: None Disclosure: Held
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