RE:RE:RE:RE:RE:i think we enter in a beautiful buying price range! It's going to 0.06
By only adding 117 mesh connectors this past quarter, they're now 12% below target. They should be at 900 mesh connectors but they're only at 792. That's a miss.
They're burning cash like crazy. They need to sell more in order to justify such a high burn rate. They'll be out of money before any of the warrants or options come into the money.
They also have come out and said that they need to raise more money. That's dilutive. All analysis on this board has been done using the current share count. We know now that's not going to be the case.
Another factor is that they need to clean up their share structure. Too many shares outstanding and too low of a stock price to get anyone's attention, so a reverse split ia probably around the corner.
These are a few of the issues