Post by
Aei773ou on May 19, 2021 4:08pm
There is no doubt Reliq will keep issuing more stock options
They have to do that because since inception (5+years?) they cannot establish a steady stream of income through subscription. One past misstep of having 4+million dollars (a huge number) spent on Flor40g devices that exhausted almost the entire cash flow. They in turn need to sell them to add to revenue as an important life line to meet other payment for the last two years.
As their SaaS are mainly paid under the time frame and rules set by the US Federal and States governments then cash flow is constantly under pressure while trying to support the expansion to onboard on the recent relaxed pandemic restrictions.
If Reliq can show some good traction we never see before then issuing more shares through options is not a big deal. At the moment it is very annoying but not terrifying. Just one more point - whoever thinks issuing more shares may stop people buying the stock - that is a funny view. Why did you buy it? People who buy for a trade or for long term hold seldom care about share counts. instead this is a consideration whether to sell concerning the dilution. In other words, Reliq is using existing shareholders to pay for them to stay afloat.
Comment by
Aei773ou on May 19, 2021 4:32pm
You are not disagreeing with me. You just wrote down a lot of stuff to hate the company now. So Instead, you are disagreeing with yourself. Why are you still holding?
Comment by
Eoj123 on May 19, 2021 6:31pm
Would it make you feel better if the company did a PP at a discount plus 2 year warrants?
Comment by
lscfa on May 19, 2021 9:50pm
recent increase in share count could be exercise of existing options/Wrts or exercise of newly issued share options. Won't know until June qtr results are posted.