Let me guess, if a development stage company, does not issue stock to raise money how will it develop? with "WHAT" and if it issue debt you will say what "WHAT"? I wont repeat some of your past comments about debt. what is it about words "Development Stage" you seem not to comprehend.
All these silicon Valley companies such as Facebook, twitter all piled up debt before they ever made a penny and I mean serious debts in the hundreds of millions of dollars but they are doing it as private companies so people like you cant trash them.
The last $233ml how did you think they raised it? Sales? Debt? Stock?
Nobody raise money with revenue? Why do you think a company like Facebook which does $3bl a year have to go public to raise money? "development"
Like I have said when stock brokers and day traders start to analyze a business without a clue of how thing really work we get something called ihub
That's why smart people are holding on to their shares. You can move some people with your skills to search SEC filings but you also need to explain basic business development principles or concepts, fundamentals of capitalization strategies etc. You think a business should just start off with revenue and start becoming successful by spending revenue to build its operation, how childish is that concept,
Some people here have never run a business before obviously. Day traders true and true
