The big picture.
The spending is done and cash is raised. The money spent in the first few quarters on start-up costs are behind us and the last of the warrants should take us to around 5M in cash. There are unknown factors in this pandemic for many companies and those that will thrive are the companies that can adapt and push to build for scalability when the fog lifts. Loop is adapting and pushing hard everyday with new partnerships, platforms, resale channel distributors etc. They are in advanced talks with more channels than even they expected. Since joining the APN they have been quite busy. Loop is a small company with large potential that is built on an infrastructure of good business sense and strategy. I do not pump. I always make it clear that I could care less if people buy the stock as I am a long holder and price fluctuations are irrelevant. I want to inform people of the potential that is not written in the surface diligence people do. There is risk in any investment but you mitigate risk by investing in a product and a team that earns your confidence. The Loop team is doing that and continues to deliver. They have not pumped or promoted or blown smoke on the mirrors like many others in the market they have been honest and transparent. Every update is leading somewhere, to a place that savvy investors will discern for themselves. Every advanced talk is just that. So expect some very good news to flow in over the next few months. Again, this is my opinion based on my diligence and yours is yours. Take Care.