Condor, at this point in time, AABB has over $100 million of cash and gold on the balance sheet and $25 million of projected annual recurring revenue. And the market cap is about $80 million— less than just the cash and gold on the balance sheet— valuing the whole business at 0.
This is not the time to fight imaginary enemies with “Federal” lawsuits. It’s time to use a very small amount of all that cash/gold to audit/buy back shares— which Chris and Bernard should have more than enough time for once the plant is operational— given they have a team that manages operations.
Don’t you agree?
What will be the excuse when they never audit or buy back shares?
If by this time next year, AABB is trading under $10 million market cap, perhaps under $1 million, with over $200 million in assets and no debt— after refusing to audit and/or buy back shares— will you admit it was all made up to sell dilution shares?
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