Friday, March 25, 2022 12:39:15 AM
No new patents granted for well over 3 years.
SG&A expense increase accounts for the YOY exponential increase in losses. This expense amounts to close on $3M presumably raised in part from the capital markets by diluting existing shareholders massively. This $3M spend is hard to ascertain without a requisite drill down into the line items of expenditure. Clearly it's not required to do so, which is a great way to cloak any
The Management Team are to be congratulated. It's rare in one's 40 years + experience in businesses various (globally) to see such a company still seemingly afloat. They have comprehensively failed to monetise any single business concept, save from having a small line in Beef Jerky!
Talking of experience, how does someone aged 39 have "more than 37 years of combined experience". Must have started early that one.
Actually, there's so much to pick holes in now with this company it's hardly worth the effort. I just they issued physical share certificates, like in the old days. At least they'd provide something useful to use for origami and uses various that I can conceive of.
Shambles of a company now offering nothing knew and nothing that someone else isn't already doing better.
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