Post by
amishelvis on Aug 29, 2024 12:51pm
In the video..
Aras mentions that they have paid off all the debt. $1.4 M,, and that he has never felt better about their financial situation. (this is toward the end of the video)
If anyone is short this company they should think long and hard about exiting here and getting on the right side of the trade. Stock price bottomed approx 2 months ago.
Comment by
Hopeful123 on Aug 29, 2024 1:17pm
So we issued stock in this new raise at 30 cts which is 10 cts lower than last raise for working capital and debt repayment..We should be cash flow positive now and if we are in a better position why issue stock at 10 cts lower...not good for shareholders...also why debt payments, we sb debt free since last qtr.. very mixed message here on this raise and debt.