RE:RE:RE:A Red FlagSIMPLICITI,
Although, my my mane investments are in mining, I have some idea about tech market. They are not very different from mining junior.
The described by you way, milstone - rasing $ - next milstone is an ideal path for all juniors, unfortunately life have too many corrections. Even most successful developer often runs out of $ before reaching even most likely successul result.
And opposite, the great success may pass under appreciated in under-promoted company.
My present invstment in CDX is great example of it. CDX developed excellent product, their partner is Medtronic, and CDX signing new contract bi-weekly, their market cap is 20M...
So, I do not mind that they wlll spend some $ on self-promoting. I do care abut its success.
I also have my eyes on their EV battery development - agreed, it is prize # 1. I am 50% sure GMG will get an offer from big guys if they succeed.
Still, the R & D may cost tens of millions and I prefer that they would use $ from selling their secondary products (or licenses) vs. keep printing more shares.