RE:RE:RE:RE:RE:RE:RE:RE:Market is saying: I DON'T BELIEVE YOUaaaaaargh wrote: Tonnes of companies issue shares to employees that are called INCENTIVES! Looks like someone doesn't get the difference between incentives and paying everyone in shares because they have no cash. I asked you to comment on all the misinformation going on. Where is your response to all of those?
Lifeboat1 wrote: Apple which is one of the most profitable companies and issues shares to employees. Anyone on this board who is upset that share issuance will never go to zero for a small healthcare tech company should get out of the stock.
Teeswater - Reliq has been profitable on an adjusted EBITDA basis for. several quarters. I know people on this board and other boards complain about metrics the Reliq uses but adjusted EBITDA is pretty standard for almost all companies so I don't understand the complaints. Profitable and cash flow positive are two different things. The Company has said they expect to be cashflow positive by the end of the calendar year. I think the wording was the Company would be throwing off free cash by the end of the year. Hope that helps.
of course theyre not making money, its a debt pit, pretty much investing in a boat. When you pay in shares its pretty much over. Soon the outstanding share count will exceed 300 million shares followed by a 1-10 roll back and even name change. Sad to be a shareholder in this stage. Not to mention another lock down states your calender boy Justin Trudeau.