He also said no toxic financing in the same tweet and here we are.
I go to church with a guy who bought a new car before he got his promotion with a big bonus and raise. He didn't get the promotion and had to take the car back.
Matt "bought his new car" with our money before closing the deals he thought he'd have been able to close last year "but they just didn't close" Now he's still "driving our car" while taking on new debt and dilution to cover old debt they would have otherwise had capital for if the deals had been closed. Matt needs to "take the car back", stop endlessly pumping bad debt into new products and reign it in like many have been saying - under promise and over deliver.
He spoke too soon as he's done in every other new product, store opening, getting products up and selling on big box retailer sites months after the official launch, and now he can't even get kiosks over to Benzer Pharmacy.
Don't get me wrong. I'm still optimistic for the company, but only if they can get these kiosks out the door and the S1 reveals the slightest whiff of being shareholder friendly.
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