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kahlua

03/23/21 7:56 AM

#48 RE: Marillionaire #46

This entire analysis is based on one very crucial mistake. The share structure being used is before George and Geronimo capital took over last year, which proved to be a very dilutive transaction but without George, Rob probably would have bankrupted the company. The person doing this investment write up neglected to review the current cap table from the corporate presentation which shows fully diluted shares approximately around 245M. There are other points from the analysis I disagree with but when an investor overlooks such a key item as current share structure, it’s probably not worth delving deeper into the misguided price target. All imo