The company may prove out its technology, but it has executed just horribly. Anyone who bought private placement shares at .50 or even .25 before the company went public is underwater as are almost all other current owners. To see a quarter with ZERO revenue, especially after that guidance, meaning that the company can't find customers, really says it all.
The company just hired someone to help tell their complicated story to potential investors, but it seems like they need to hire someone who can explain their value proposition to customers.
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