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Re: MachineTrader post# 4615

Thursday, 08/20/2020 1:04:53 PM

Thursday, August 20, 2020 1:04:53 PM

Post# of 24796
I'm curious as to what you are basing their value on when you say they are way undervalued. Their financial report says otherwise. It says if they don't raise money they won't be able to continue operations. They burned through 15 million last quarter and only have 10 million left. So what happens if/when they burn through the 10 million this quarter. Where is the money coming from in order to continue operations. Its great to sit around and talk about how undervalued a company is but when their own financial statement contradicts that it's an easy decision on whether or not to invest in them. Good luck man...