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Alias Born | 09/27/2020 |
Thursday, October 15, 2020 5:27:58 AM
R/S is off the table until Company profitable. Once profitable, we will look options to best get up to nasdaq, including stock buybacks if necessary to achieve lowest ratio R/S possible to get to nasdaq. Also looking at alternatives to R/S. R/S is a concern, but this Twitter discussion is bordering on fear mongering. Todos went from no revs ever in history to $2M in first quarter of sales with line of sight to $60M in revs over next 3 quarters. That’s great progress and good starting point to build Dx company
Jberg reply:
Thank you for replying. Also the selling pressure is from Lpc for the purchase of mobile labs and should be short lived since it’s not convertible?
GC reply:
Correct. We are funding the mobile labs project and we expect very significant milestones there in October. We are building the business the right way to capture the immediate opportunity and we expect the valuation will follow if we do the right things.
https://twitter.com/G_Commish/with_replies
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