Post by
MrInvest on Jul 04, 2024 4:21pm
How Low Will She Go
Well I was hoping for a positive PFS, but E3 let us down I believe. Not sure if there will be a turnaround on this in the near future, or if a slow burn will continue before going upside down. I would suggest that E3 hold off on massive hiring. I am certainly against using equity to a large extent to provide salary expenses that do not provide value to stockholders.
There needs to be a clear path to implementation, which I have not seen yet. I have yet to read the updated corporate slide deck though so I might be speaking out of turn.
Either way, whatever E3 has done to date, is not great in my opinion.