TSXV:KHRN.H - Post by User
Comment by
Benedictuson May 29, 2020 1:08am
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Post# 31086027
RE: Horrible First Quarter 2020 Results
RE: Horrible First Quarter 2020 Results Cash burn is as expected. 2020 is all about proving out their medical model with the clinics and distribution networks they've methodically built out. They will need to show incredible patient growth leading up to treating at least 40 to 50k ongoing patients across all regions (I.e. Columbia, Peru, UK, Brazil) by eoy. This will enable them to gain market credibility and do a raise late this year or early next year so they can continue their strategy. That's what the market is looking to hear about. The market will reward or punish the sp based solely on how quickly they're adding patients/clients to the network. All imo.