I hate to say I told you soLooks like IBS isn't making any money if Sen is broke on that side.
Scalability and profitability clearly are a problem if Kalo can't even make things work for IBS.
Thing is, I don't even trust him that he is broke. He might be saying this to cover his a$$ so he doesn't face liability when he folds Sproutly and recoups the rights.
Someone should talk to someone at Kalo to see if they can get an actual read on the situation. They would have some sort of insight into scalability and profitability since they would rely on him to scale their operations.
Sen burning through $5 mill in cash that was paid out by Sproutly, all while collecting a salary from Sproutly smells super fishy. This guy can't be trusted.