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Re: StockItOut post# 635

Thursday, 09/12/2024 1:22:09 PM

Thursday, September 12, 2024 1:22:09 PM

Post# of 644
You have to ask yourself a few questions. If the company was in the shape they are saying they are in, why would they need to save 5k a month only to have to rent a new office soon? $5k is a cheap office. We pay 12K for 200 sq feet in Vancouver. 30M would be about right to be break even and not have cash in the bank especially since they had raised 6m. If they were even close to 100m they would be netting 30M and not need cash. They are not being transparent with you. IMO