1847 Holdings LLC (EFSH): Net loss was $5.9 million for the quarte...

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1847 Holdings LLC (EFSH)

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Re: TrendTrade2016 post# 179

Thursday, 11/16/2023 6:47:16 PM

Thursday, November 16, 2023 6:47:16 PM

Net loss was $5.9 million for the quarter
They had $2 million in cash Sept 30

That means they are or will be out of cash very soon.
That means they are going to have to go raise capital.
That means dilution to current shareholders.

All of this probably means they will get very very bad terms for the capital they raise possibly death spiral or some form of toxic financing.

All should be prepared for a 20 cent stock very soon.

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