Post by
kulewater on Aug 24, 2017 3:44pm
Quiet Times. An Update would be good..
I believe earnings are just around the corner so will wait til then but would be nice to hear how onboarding and demand generation is coming along. The recent expansion on to the Shopify platform should extend their reach and open up a nice new swatch of customers potentially.
Have fait in management and like the business model. I believe it will take a few Q's to turn the ship around and get some capital to work with but should be easy to scale once the right investments are in place.
Just some of my thoughts.
Comment by
Sujanstockpicks on Aug 28, 2017 7:31am
They have an interesting product and the expansion into Shopify is promising, however their cash burn remains high so they need to dilute again to keep the boat afloat. With a dwindling stock price, raising money becomes tougher and tougher (see Ackroo how that went).
Comment by
paultron031 on Aug 28, 2017 4:05pm
Yes but I am wondering how the f%$? they can close a PP of 5 millions shares at 8.5 cents in 1 week and cannot find a single buyer at 7 cent on open market... Numbers need to increased of they are screw,
Comment by
kulewater on Aug 29, 2017 3:11pm
So true. I think the next 2 Q's will really tell us the potential here and if they will be able to become cash-flow positive in the near future. I love the category and the model.. just a mater of monetizing it it and then scaling it. Easy take out target if they can get enough market share. Just some of my thoughts.