Many keep comparing whats happening today to 2016 however the company is in a totally different position financially today than they were 4 years ago...
They had a lot less contracts with much lower revenue in 2016. Look how they have grown year over year. They also have accounts receivables they are waiting on to receive in order to address remaining debt per their last update a few weeks ago
They had originally stated they would update everyone once the lunar new year festivities ended...hopefully we hear something next week in regards to remaining/completion of the convertible debt
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