Post by
Starkicker on Mar 31, 2023 10:11am
Q4 and Year End
I'm a little surprised the needle didn't move upwards a little bit after earnings.
Comment by
subaru1 on Mar 31, 2023 11:05am
Starkicker, give me any raisons why the stock would have moved after these number which are very disapointing and all the blabla is the same story we hear since too long. The market gives at Labs what it worth no more and we are still lucky to be at $0,075, i would not be surprised that we touch $0,06 soon.
Comment by
subaru1 on Mar 31, 2023 11:14am
and don't forget the dilution that is coming with Vivo acquisition
Comment by
Starkicker on Mar 31, 2023 12:31pm
I'll give you a few reasons. Outright ownership of assets, debt free, $24M in cash, reduced cash burn, increasing revenue, and expectations of positive EBITDA and cash flow first half of 2024. The Arrangement with VIVO will be a one step back two steps forward situation, and the transition from B2B sales is done, the anchor chain is broken. Cleared for takeoff.