RE:RE:RE:More funding?Part 2 ?? MedX was a turnaround which means it was clinically dead, gone, over. The turn around team came in at $ .04 and itstead of diluting the shareholders down to zero with a massive dilutive round and paying themselves a huge turnaround salary they methodically raised money as the share price increased.
Have they been good stewards of the sharesholders money? Well they built a new telemedicine platform and showed they understood how to penetrate new markets. They secured the largest PO in the companies history. This purchase order is more revenue than the company has produced in the last three years. But you are right they had to raise money to build a globally scalable technology that clearly has demand. That is a bad thing???
I am sorry you dislike facts, when a shareholder states they raised money and this has completely destroyed my view of any momentum and I commentwith logic you view this as an affront. I think if they have money perhaps they will continue to be responsible anduse the money to expand into the USA and additional South American and European countries.
So here is a question for you what would have you done?
You are handed the keys to MedX they are essentially gone. They do not own the technology, they are loosing their regulatory status. They have zero capital and are a cash and carry business and you are behind on all of your payables. The landlord is about to shut you out.
I am curious would you have raised money?