Post by
tamaracktop on Feb 19, 2022 4:46pm
This is too funny
Ferret:
"For a company this size I think they've taken on way more than they can chew. It will take a lot of capital to integrate all their takeovers to set up servicing of their products sold, which seem fairly spread out all over the map.
I think their working capital ratios will come in at close to 1:1 this q so will most likely need a fair sized capital injection, most likely an equity raise which would most likely be fugly. They will need to get to a critical mass where production and sales fully support their growth and I don't see them anywhere close to that anytime soon. There is a chance they could fail before they get there without a partner with deep pockets or being taken out."
The quality of this board has tanked over the last year since it became more active.
I remember 4 1/2 years ago when Xebec was 40 cents and kulewater, RandomMaker, midard, and Ciao and myself were the only ones here.
Dodogold might have been here then too, I can't remember.
Anyone else who was here at the time is long gone.
The board was much more civilized back then.
Comment by
filoux004 on Feb 19, 2022 4:58pm
Holy craps we've gone from .20cents to .40 cents...you are delusional