It's not imo. Worse than the business not previously working, it looks like they have the same management as before minus a new CFO. Not too impressive when your CEO and CFO both saw their last company's file bankruptcy.
Mr. Shetty served as the Chief Restructuring Officer and Chief Financial Officer for PFO Global, Inc., an innovative manufacturer and commercial provider of advanced prescription lenses.
With so many stocks to choose from with good management, why would investors bet on a company on one that already failed once and has a CEO and CFO who both saw their last company go bankrupt? Lots of hype out there in last few days and they hired new promotional firm per recent pr so they are probably trying to earn their keep.
Nice recent pop higher. Like to see it trade a little higher and look to possibly short expecting possible secondary offering and new shares coming to market coming off 144 restriction post ipo. Low float so tight stop. JMHO