RE:This 800 SKUs came at the end of second-quarterWhen sales drop consistenly QoQ that means they have less happy customers returning...
There is a 100% chance of them raising more funds and now at 50% discount to last time, meaning to raise the same amount of money the need to create double the shares.
Revenues will not be materially improved this year and realistically they need to be $50M+ / quarter to even think about using the word breakeven and they have no ability to ever get there.
Further dilution, lower lows; there could be a little rebound but it will be short lived as more deception filters out and sales fail to materialize.
whisky11 wrote: The point is not what they make now, what they will in the future that's what matters for Savy investor.
It's one percent of company going to be five years from now or two years from now.
The same with Quebec ,signing the papers and start selling are different things.
They had to attract as many LPs as possible to make a customer happy and returning for more.