fundraising
Are there enough devices in homes now that gives the technology value. quick answer is probably not. what about two years from now. As years pass, probably yes.
There is no money to be made, trading yfi, so investors get tired of waiting and sell. The price has remained steady for a year which is an accomplishment. Almost all stock optioned or financed has been at 5 cents, including interest payments. It is consistant.
We all know insiders want shares at cheapest price and insiders like to have a decent percentage of shares. To me andrew is frugal, probably more then he should be.
We know some investment company had enough balls to give the technology a 180 million valuation.
If you look at the charts of other companies that have done financing during this time, you will see the stocks have all taken a bath in small cap market. Timing is everything. Wrong time now.
Take care