Post by
JACKTHEBEAR2 on Sep 16, 2023 11:34am
Revenue growth
I wonder how close we are will Q4 be our time to turn this around or is that latest financing meant to get us thru another Q of no real sales growth.
Thoughts
Comment by
lscfa on Sep 16, 2023 11:44am
"This convertible debenture raise will help us expand our working capital capacity to drive expected future revenue growth and other growth-related needs"
Comment by
kmottbank on Sep 18, 2023 9:54am
As I keep saying... get through another quarter, rinse, repeat, pay high salaries, give bonus and shares for nothing. Keep the carrot swinging by saying we seen significant revenue and profitability this year
Comment by
JACKTHEBEAR2 on Sep 18, 2023 3:43pm
Normally I would agree with your assessment of the situation but since insiders keep buying into the company I feel this could be different. I don't see them constantly ponying up money just for a warrant and a debenture interest rate. Time is nearing close to the point where DC revenue has to kick in..
Comment by
kmottbank on Sep 19, 2023 2:30pm
That's fair your assessment, just seems it's been years of waiting in the DC revenue and profits. At least when they pony up they get something in exchange. I ponied up and bought shares, saw them drop to a loss, then rode that through a reverse split, then saw it decline from the post split to this low of today. I got nothing!