RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:An Infusion Deal I would not be surprised if Sproutly declares bankruptcy, or alternatively sells to cover the creditors and then go bankrupt, and a class action lawsuit from duped investors is launched against Sen.
shneps wrote: Sproutly has $1M in assets and $9M in current liabilities.
There is nobody in their right mind who would invest their money in this.
Sen has nothing left to secure his loans against and collect 15%-20% interest while doing so.
The day may come that they put a product out but it needs to be bought by a provincial board and having KCI receive their sales licence won't help the sitution.
It will shortly be an announcement that Dizzzzy tries to play up.
The company is so far in the hole now that releasing products will never now generate the needed revenues.
Had to happen in 2021, now is too late.
Unfortunately.