Phunware Inc (PHUN)

[SecretMillionaire]

I'm not short so there is nothing to cover. I'm not making a prediction. I'm just saying I don't think PHUN has been punished enough. A year's revenue gone for no reason. And the dilution on top of that.

I don't even know why this stipulation is put into a warrant contract. Why did Stellar and other SPACs even have this clause, Candelero? What is the point? It has potential to do nothing but harm the company. Which in this case, it did.

I figure, maybe it's there as a disciplinarian to make the company fulfill its promise? But even without the govt. shutdown, this back and forth with the SEC is going on for a long time. It seems like a hard window of time to meet with so much potential pushback if it isn't met. Why??