Veritone Inc (VERI)

[GBR]

They just can't be that stupid. Even if they are irrationally exuberant, overly optimistic about aiWare. Even if they hired a reckless CFO, and took on way too much debt. Even if they hired way too many employees that they don't know what to do with. Even if they spent way too much on infrastructure for a company that has not scaled. Even if they have spent too much money partying at trade shows. They should at least have the understanding that that if it's not working, then they need to shift gears and find a way to salvage what they got before going into massive dilution. I'm sure there are other similar size companies in the space that are facing the same headwinds of the economy and scalability issues. They need to to look at consolidation opportunities and cutting costs. If everything they have said about tipping point, billions of end users, turning the ship around shortly, if it is all BS, then they have to understand when the hype party is over and go lean. All of this is unacceptable, and change is needed now for F@## sake.