![](https://investorshub.advfn.com/uicon/745142.png?cb=1614432986)
Sunday, April 04, 2021 7:11:24 PM
- convertible debts cleared
- large opex reduction
- money to fun their ops
Convertible debts was used for exactly what it was intended for, to actually grow the company, the only downside was the conversion rates the lenders were converting the shares at, hence why there was so many added.
Bottom line they are in a better position than they have ever been and right before they start taking the licensees public.
As far as valuation goes because I know that will be your next complaint. Research how internet companies are valued, as well look at twitter and their valuation from 2012 to 2019. Twitter did not have a profit until 2019 and had a massive valuation.
10k told me they are making the right steps, keeping their word growing the company and trying to maintain investor confidence. Look at the whole picture.
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