Thursday, July 06, 2023 9:58:42 PM
I am NOT disputing AMAZING RESULTS, but where are the sales?
And even with sales, Billions of shares on a fully diluted basis now and even more in the future means little-to-no stock increase.
Isn't it all about sales for a business?
Isn't it all about a cap structure that is good for shareholders?
Isn't stock market success backed by investment firms, which Endonovo has NONE.
If you think its amazing sales so be it for you, but there is so much more needed for a stock price increase and all those requirements I listed above are never going to be reached by Endonovo.
They have so many convertible notes on their balance sheet that if they convert it will dilute shareholders 13X.
And if you say that the SEC is cracking down on note holders and will not allow Endonovo to issue shares for the debt they took in via convertible note, then Endonovo will be obligated to pay back the money with cash, which it does not have. That means there is a possibility of an involuntary bankruptcy will be initiated by the noteholders. I am not sure if the note holders see any value in endonovo but without Endonovo raising capital it can not implement their sales and marketing plan. without cash infusion they can not buy their inventory needed to even make sales.
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