Alpine 4 Holdings Inc (ALPP)

[beatdataxman07]

Boy this is frustrating to watch.

I believe in Alpp, at these prices they really don’t need to do much to become profitable. Just lock down that drone contract for starters……..

But when Alpp did the initial cash raise of $50M they did not have to buy all of those companies. They could’ve kept cash on hand?!?! Instead of needing additional capital raises when they realized the new additions would need cash infusion lol. That surprised me and showed that management was too optimistic in their projections. The good news is that Alpp has good businesses to get them through this.
Perhaps insiders should buy to show confidence in their company?