Tuesday, April 17, 2018 3:55:13 PM
The debt is needed to build the company. AI/tech startups often take on a mountain of debt. What they’re building isn’t cheap. Where else do you expect him get money from?
They’ve also already demonstrated responsibility with the notes, paying off the March 8th note AHEAD of schedule and even paying a penalty to pay it off early!
SR continues to put his money back into the company. Another responsible move!
If all you see is a poor investment, you need to reconsider how you look at things.
People were expecting some sort of ginormous revenue in these Qs, why?!? That doesn’t make any sense. It ends in November. We were just ramping up production then! My guess is we are well above the original guidance. And now add SCOT on top of that! Will be able to pay off loans no problem!
Loans/debt are the cost of business. I trust they will continue to handle it responsibly
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