Eh, my degrees are in the medical field. I'm just some nerd who has made significant strides towards very early retirement because I found that I had a knack for research, analysis, prediction, and attention in my early 20s.
Knowing how to navigate the markets is just as important as any other skill for a small start up company in a competitive field. Not only because offerings can go completely sideways if you're being naïve( ie. thinking you have a group of long term investors lined up only for 80% of them to dump their shares within the same quarter.), but because your shares are continually used as collateral, bargaining tools, and currency. You have to be extremely efficient in every single deal that you make in their current stage. They are in a pool of sharks who definitely DO know how to navigate the waters, and won't hesitate to completely devour the weak. Growing and operating a business is tough enough, navigating the cutthroat shit-fest that is the American markets is another beast altogether.
Most often it is retail shareholders like us who take the full brunt of these inadequacies on the nose. The company will likely be fine and dandy, but it could be at all of our expense. While other sharks build the castles we deserved. This is why I say that I need to see some real financial personnel brought in immediately. They have the funds. They recognize their own desperate need for this and spell it out in each of their filings. I'm not sure why they are delaying so much on this.
I'm extremely nervous, even as others seem to be very excited, as we talk about "10% equity" investments and further M&A activity. Under our current leadership, these things could lead to ruin just as easily as they could lead us to the promised land. I wish they would just focus on what we have, focus on global marketing of our current products, bring on some much needed personnel, and invest further into our current subsidiaries.
Regardless, my current plans are to see it through to the end of the year. Just watching much more closely now.
Honored to be watching by your side, soldier!
