RE:RekorLet me add a little to my earlier Rekor comment.
Although their Q3 financials were horrible, they make a plausible-sounding case that they are seeing strong sales growth. In the conference call the CEO talks about breakthroughs in Texas, Florida and elsewhere. They're projecting 5-year sales growth at 40% per year compounded.
If what's reasonable is even close to that then Rekor will probably be able to live on by simply selling more shares. The dilution might be horrific for current shareholders but it could keep Rekor alive.
That does still leave the question of why the board member just resigned. My guess is that, as they allegedly run all over the country putting in new systems, they are running into a flood of execution problems, cost-overrun problems, etc. There is such a thing as growing too fast. And the out-of-control costs suggest that's what's happening here.
But I don't know that for a fact.