They also see OVERVALUED companies all the time and take a very fast pass. This thing is currently valued at a price to revenue of 2625 on an annualized basis.
Anyone buying here IMO, will have a hard time seeing upside.
This is probably why the company had to go the toxic financing route, no investor in their right mind would commit to restricted shares at this level.
All my posts are OPINION only. Never buy or sell securities based on my opinion.
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