Tis the season to be jolly! We are now and have been in year end tax loss selling mode. The dilution pollution will continue for MNGA. An answer to the exchange before years end to satisfy delisting is not far off. The cash burn ratio is still significant even with revenue generated cash from product sales.
Is the company in growth mode? The answer is YES! Growth is actually spectacular and I expect it to continue. When will growth reward earn enough revenue to turn this thing around? I will say one thing. When it does happen. This will be a day traders delight in my opinion. The longs will even enjoy a good growth on their investment. Until then this stock is basically zero paper.
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