If you look at their financials they have $43million cash as of 3/31 and their full year loss was $38million.
Should equate to 1 full year cash on hand. Then considering they increased revenue year over year by over 100% and are likely to more than double again they should be in excellent shape financially since they really haven't hit maximum revenue acceleration yet. Even if worst case scenario they sell 5million shares for $11 or higher, 15million O/S would still be tiny. IMO I can't see any present worries for funds or dilution. Next Q report is Aug 8th.
Only took 3 minutes on the internet to do that dd. Don't take my word for it, Verify, Verify.
Only the "silly"
don't read company financial reports before making investment decisions to buy, hold or sell.
Sorry, couldn't resist a 'punny play' with a canine.
Green Trades
Should equate to 1 full year cash on hand. Then considering they increased revenue year over year by over 100% and are likely to more than double again they should be in excellent shape financially since they really haven't hit maximum revenue acceleration yet. Even if worst case scenario they sell 5million shares for $11 or higher, 15million O/S would still be tiny. IMO I can't see any present worries for funds or dilution. Next Q report is Aug 8th.
Only took 3 minutes on the internet to do that dd. Don't take my word for it, Verify, Verify.
Only the "silly"
don't read company financial reports before making investment decisions to buy, hold or sell. Sorry, couldn't resist a 'punny play' with a canine.
Green Trades
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