Xtract One Technologies Inc. T.XTRA

Evolve has taken a 26% haircut today

[notacasino]

Evolve is down 25% today ($2.02 Cdn on the TSX). It does not look like the market liked the $75 million in non-dillutive financing that was announced yesterday.

[notacasino]

My appologies....$2.02 on the Nadaq - NOT the TSX

[vg1018]

It's because they are burning through cash like hell. Same issue, they are trying to blitz scale like a company from the valley, but the problem is they are not a consumer facing business and it takes far more time to lock deals. So the return on cash is lower.  Secondly, market has stopped rewarding growth as all cost business model.   

[pliskenNYC]

The market rewards growth as it reflects in the stock price, stock price reflects either sentiment or financials or both.. we have neither.. cashburn reflects choices.. if the choice was made to develop the technology .. that's great.. but if nobody knows about it how can you reward yourself by making the sales from what you developed..  the laws of economics dont stop for anybody

[pliskenNYC]

And im not referring to Evolv..

[LONG-HAULER]

In less than 2 years evlv has lost 80% of its initial Sp offering price. In my opinion Silicon bank funding is a big laugh. If that's what came out of the imperial capital conference laugh x2.  thinking Beastcoast promoting evlv like the lackey IT is probably has something to do with this too. Laugh x3. Lack of evlv integrity is laugh x4.  Enjoy the holidays and best to all

[LONG-HAULER]

In less than 2 years evlv has lost 80% of its initial Sp offering price. In my opinion Silicon bank funding is a big laugh. If that@s what came out of the imperial capital conference laugh x2.@ thinking Beastcoast promoting evlv like the lackey IT is probably has something to do with this too. Laugh x3. Lack of evlv integrity is laugh x4.@ Enjoy the holidays and best to all longs for a great

[LONG-HAULER]

Argh!!! I'm less than 2 years evlv has lost 80% of its initial Sp offering price. In my opinion Silicon bank funding is a big laugh. If thats what came out of the imperial capital conference laugh x2. thinking Beastcoast promoting evlv like the lackey IT is probably has something to do with this too. Laugh x3. Lack of evlv integrity is laugh x4. Enjoy the holidays and best to all