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Re: Copilotdog post# 1051

Monday, 03/11/2024 10:51:32 AM

Monday, March 11, 2024 10:51:32 AM

Post# of 1327
With interest rates high capital is expensive now. Why burn through cash on marketing to investors in this environment? No one is buying penny stocks right now. Direct to consumer product marketing and preserving capital is the best thing they can do right now. Last financials they had around $6M CAD in the bank, at a $500k loss per quarter that gives them a 2.5 year runway assuming steady and slow sales growth.