Post by
CanadianKia on Apr 27, 2021 9:26am
hmmm
So i made good money off this stock before as it went from 4 all the way up.
Good ride, but reality will not kick in. I am no longer bullish based on these numbers.
4.6M of revenue FY and a market cap of 500M??? P/S of 109??!?!?
This will go back down to $1 now.
they need to be making 100M a year or so to have some justificaiton.
Comment by
freeradical1 on Apr 27, 2021 10:40am
Hard to miss the warning from KPMG on page one of the financial statements warning about a significant concern over the company's ability to continue as a going concern. Revenue doesn't even cover fulfillment and procurement expenses.