Post by
parahyangam on Mar 23, 2023 5:23pm
WHAT IS THE BIG DEAL on 2022?
Big jump in revenue off set by big increases in cost of revenue and admin.
Even if you take out the depreciation of 55 mil
then add back.
50 mil in new debt.
and 34 mil in capital issuance.
you are underwater
then
add back the depreciation you had an operating loss = > 70 mil.
Anybody who buys into this does not understand this business model or the nature of the business WELL is in
it has been tried many times before and it will fail
the cycle up will be from 2 or 3 dollars
Comment by
Nextlegup on Mar 24, 2023 11:00am
Monty.. Don't bother..I too thought the same as you, but looking at his history, it pretty easy to determine the post was intended more to shake out weak hands and drive price down than generate a sincere conversation..