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Re: MikeKnowsRunners post# 80719

Saturday, 04/02/2022 4:27:25 PM

Saturday, April 02, 2022 4:27:25 PM

Post# of 81575
I don’t see failure happening at all. If revenue doesn’t pick up at a pace they require to meet operational expenses, then 1) they’ll simply have to take on more financing, debt or dilution or 2) they seek to be acquired at a price that isn’t the premium they originally sought. IMO the company does well. They will probably need some new financing in the near future while they work to penetrate the market though. As long as they get this in Big Box, increase their marketing and e-commerce exposure, decrease their manufacturing costs and work towards a line of Smart Home products, I believe they will have substantial growth and sustainability. As I said a few months ago, this is a 12-18 month hold.