I don’t think the Virus is what is plaguing VRUS. Though it has no doubt has added to the issues.
I think everyone would give them a pass for revenues in Q2. I have no issues there and will even give them credit. It’s the unrelenting debt and growing revenues at any cost that I have issues with. It equates to not being financially responsible I have a huge problem with that.
Opportunities come and go in life. I see them daily in the market. I don’t always have the funds to take advantage of each one. But I wouldn’t ever consider skipping a mortgage payment because there was this one opportunity that was impossible to pass up. That’s called fear of missing out and that’s a grossly undisciplined act from the management of a publicly traded company. It’s irresponsible or even negligent at best. We payed for $500k of inventory, rather than servicing our financial obligation (debt). He’s basically taking our money to fund revenues. I never agreed to that.