ARHT Media Inc V.ART.H

Screw it, I’ll buy a bit more

[Maxmoe]

Looks like an exhausted seller is punting this for year end. Usually the worst time of year to sell is right before xmas .

[tannin]

Yeah, you're right. Wanted to add today, but musn't....am overstocked already. Like the thought of who would be 'our front person'. Anyway, I think the right thing now for art, is work like stink to make our iteration of the technology the 'go to' one in as many mkts as possible. We're currently strong mkts, businesses, universities, hospitals, seminars, performances

[Maxmoe]

Absolutely they need more money. Tesla early days money. Like $100 million to get ahead and stay ahead. It's a self perpetuating success process. Higher stock price = easy capital raise = big splashy roll out = higher stock price.  They need a very keen focus on the stock price, on IR, on PR. First, raise $5 million at $1 per share. And add 10 million in debt. Market cap would be $100

[Whythenot]

Sir. If you recall in Q3 they had $1.1mln in cash and don't quote me I'm just going off memory I will confirm again but they had approx $1.8mln in AR + deferred revenue ... that was end of Q3.  I honestly believe we are going to skim $4m this year. If not $4m than $3.8mln. 

[Maxmoe]

Kindest sir, when I say they need money I don't mean change for the coffee machine. $1 million in the bank is not a bad thing but it's not going to cover the cash flow burn for more than one quarter, maybe two. The last quarter they raised $2 million which covered the losses for 2 quarters. Which is fine, but not what art needs. They need to strike with a huge push ASAP before they are