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Re: THall post# 315755

Tuesday, 07/25/2023 4:19:54 PM

Tuesday, July 25, 2023 4:19:54 PM

Post# of 348889
I would not be so negative but the Company will have to address the cash flow issues in the next quarters.
The solutions are quite straight forward:
1) increase income : this is anyway the key point as there is no more excuse justifying the stagnant income (40% increase from such a small amount is not material).They must imo increase the income to the equivalent of the operational charges in 2023
2) Capital infusion : in other terms, dilution. Obviously they will have to avoid any toxic lender, what they have done the past quarters imo
3) Negotiate the loans, notes, amounts due : they have postponed the payment to Directors for about 2.6M. I guess they will receive discounted shares for theses amounts. Convertible notes : they will issue shares. Other outsantding loans : they have a few months to figure out.

So I expect a O/S increase for cash flow financing and loans management.
They would be smart to issue some PR with a nice storytelling or the confirmation of new clients onboarding, to increase the pps and so, be able to issue as little shares as possible.
At the moment, I do not see any catalyst for a sustainable pps increase.
Waiting to see if there is a short term capitulation to maybe trade again (gamble again) a few dollars here.
Hoping that we see less personal attack here in the near future.

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