"They apparently have products for sale and ready to go...fine."
An enormous and critical assumption based solely upon the flimsiest of indicators; the company's own statements and releases.
Insert a long paragraph about costs, supply chains, assembly facilities, scalability, markets, marketing, lines of credit, dates, deadlines, business plans, profit margins etc. It's all boring, yet essential to doing business of the kind they say they want to do. Common knowledge.
Even if they (or maybe even that Discovery Babe!) answered your questions tomorrow, what would give you any faith whatsoever that their answers had been arrived at under the capable due diligence and competent administration of seasoned corporate executives?
What about their current staffing would indicate they possess any such competence and capabilities? The only things this company has ever sold are shares. That is the only way, over all the years, any of the officers were ever able to get plenty of money out of this operation, no?
All ignored in one blithe statement about products ready for sale. Anyone reading it might think they actually do have products ready for sale, and that numbers they might issue would actually back it up! Not so, imo.
AI
