RE:RE:RE:RE:RE:RE:Wireless
Oh Boy... Just wait until the Noctournal Tradersam99 reads your post.
I agree with you. Wireless will be Good Enough for the mass market. Quite frankly this is most likely why SEV has made a business shift to the Data Centre / Crypto Mining market ( we hope ).
My big concern is SEV will not be generating enough revenue quickly to offset the cash burn. This means they will need more money again in a year to a year and half. In addition they are paying 7% interest on the 15 million they got in January. I really am looking forward to Q4 earnings from last year to find out just how bad the VR segment of their business really was. I truly believe that Raouf's exercise of options and then a dump at .295 to get his money back in late December, was no more than a loan to SEV as this company was bone dry on the cash front at that time. I am also very interested in Q1 earnings from this year so I can find out exactly how much of the 15 million has been burnt through already.
Raouf had better have his Red Dancing Shoes on for the AGM if something big doesn't happen soon.