RE:RE:RE:RE:RE:RE:RE:interestingInteresting that you mention shorting. I guess that Doug is showing the markets with a pristine balance sheet and available line of credit with ZERO drawn that they can grow revenues without an equity raise. That should discourage shorting, esp. the B.S. naked shorts.
I just noted that the short position (from CEO.CA) is 130K now, it was under 15K a week ago. Not a large amount. There must be better short candidates out there, the fundamentals look good here and could look even better in a month and the valuation is far from being overvalued.
To support WIP, the general rule of thumb is that you need working capital to be 20 - 25% of revenues, if we look beyond 2024, we may need $10 - $12M. They have enough. When we get significant cash flow from recurring revenues, that could start supporting capital requirements.