GREY:SMDWF - Post by User
Comment by
Vantechie76on Nov 27, 2015 4:37pm
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Post# 24333154
RE:RE:RE:RE:RE:RE:RE:RE:All or nothing
RE:RE:RE:RE:RE:RE:RE:RE:All or nothingWith stock pricing dipping again it looks like they may have to do a financing at $0.05 soon. Sure, then someone can easily run the stock to $0.10 and double their money. Doesn't really help existing shareholders. Problem is numbers aren't really there. Market may or may not be there. Certainly adoption is a lot slower than I think anyone would like. Potential is still there because online video is huge and that's why the company is able to keep raising money. But at some point (10 years is a long time for a tech "startup") I think the financing well will run dry. Doing small financings regularly is not good for the finances or the business as its a distraction. They need to raise a large chunk all at once and fund themselves to a more sustainable position. But all they seem to be able to do is raise enough money to cover 1-2 months expenses.