Has less than 1 year of cash runway and NEGATIVE cash flow for operations
Failed its investors for 7 whole years
Stock lost 99% of value in 7 years
Stock is down to $0.28, 78% lower than 6 months ago
Cosmetic management changes failed
Current Management failed and the 78% drop in stock value in 6 months is proof
Competitors doing better financially
Consolidation 23:1 reverse split turned out to be a sham
Debt is at a Record >$25MM Million at 10% Interest in 10 months with more than 1/2 due in 2022
No Profits for nearly 13 quarters (Profit margin -22% in Q3/2021)
Not forecasted to become profitable over the next 3 years
Market Value dropped by 74% only this year from $64MM to $17MM