Lol, that post was a bit of a stir, but I do think the official database of credits will essentially be a significant component of the music industry.
Go back to DW8 and I was keen sub 1c, holders were frustrated, there was dilution, it took 2 or 3 quarters of growth metrics before it took off. JXT has basically reported their first quarter, I don't think the IR here is as savvy but when they string together a few good quarters of growth it's easy to see where this may go. The other thing with JXT is the margins are a known, being SaaS the subscription margin will be high, API depends on the terms with DSPs which I suspect would have changed in Jaxsta's favour since years ago when it was 55% to them. It's no more of a dog than DW8 was sub 1 cent with no revenue, just the burn is higher and so is the value of the asset they have built / share price reflects this. Also favourably the SOI is still only ~350mil, if there's a raise at 4c a 15% placement will get them to 400mil. A lot of pressure on them to reduce the cash burn and I am certain management are aware of the situation.
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Lol, that post was a bit of a stir, but I do think the official...
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