Their cash on hand is a jokeWait a minute, they have 2.5 million in cash as of March 31 but they did a public offering for 4.6 million on March 16th, so ideally they spent 2.1 million in only 15 days?
Unbelievable.
I could imagine another public offering is not out of the picture in the coming months. They're spending too much money filling the leadership team's pockets instead of expanding their facility.
What a joke. Expansion should be a priority since they are so called selling out in stores. This company needs to take the risk with no excuse whatsoever.