$1M in cash. No PP is needed. 13M free float.They have an existing revenue stream and have not had any capital raises since 2017 IPO at .50. No cheap paper to hold it down. $340K revs in Q1 2020 (up 40% over 2019) and only $83K away from breaking even.
Chart is very bullish with MACD just crossing above the zero line. Lots of room to run.
With insiders holding 75% of the float, just 13M shares are available to trade and that free float is getting locked down quickly by smart investors who realize the scale of the opportunity. This one won't be staying under $1 for very long.