Friday, December 02, 2022 11:31:42 AM
Not sure why you are so up in arms about interpretations of financials. If you read something else into them then by all means buy hundreds of millions of shares. I’m not stopping you but I comment on financials they way I see them, with no bias as I don’t have a horse in the race.
It’s an interesting commentary on how a growing business can still have a negative net worth and therefore a tiny market cap. Can it succeed? Sure, but at some point the share structure has to change, debts have to be repaid, cash flow has to improve, and margins need to improve. Maybe in 2-3 years that outlook will be better for the company. The share price could do anything during that time which is ALL anyone here but me cares about, so don’t pretend you care about the company or Bobby T.
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