Livewire Ergogenics Inc (LVVV)

[Jason Coombs]

The time for pessimism is well and truly over.

I don't believe any more bad news is possible unless management intends to endlessly dilute everyone and steal all the value of the stock fraudulently from outsiders. Fear that this might happen is understandable, but there doesn't appear to be good reason to expect that it will.

The fallout from the mistakes and the bad actors is done. The toxic debt price discovery is finished. Everyone can thank Curt Kramer for keeping LVVV in business long enough to have a chance to grow.

From this point forward even poor sales results cannot possibly be fatal to the rest of the startup process, and small revenues are fully priced-in now. Like it or not, startups often require 10+ years to launch and find traction. Nobody who has experience with startups is surprised by this fact.