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Re: MoneyTrees post# 16487

Thursday, 05/06/2021 7:48:46 PM

Thursday, May 06, 2021 7:48:46 PM

Post# of 22599
I’m afraid of that too, unfortunately.....if that is true, than it is definitely underwhelming. 1M from Triton, over a window from now through the end of the year (up to 2M if they exercise the warrants) is going to mean slower rollout for Soundstr. I think Zach himself said they are looking for 8-10M to get them to 36M annual revs. So, the high 7 figure funding would have nearly gotten us there. Again, I’ve been assuming there is a separate high 7 figure deal but maybe not.....

For us long term players, it may not matter. But I expect to test some low levels if it ends up being the case there is no high 7 figure deal.....
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