IMO this CEO deserves NO RESPCT. Once he lied to shareholders that was it for me,, he waited 6-7 months after he informed shareholders the 2020 revenue would be appx $5 million while he knew all along there was no way he was going to even come close to that number.. He then went on to say 2021 would be a $10 million year... lied again and then finally came clean... trust, and poor leadership if you ask me....ANY ONE CAN KEEP A COMPANY AFLOAT WITH DILUTION....ANYONE....
Unless this company gets a stong leader in here quickly..this company will fail and or it will continue to float on th ebacks of the shareholders while diluting th ehell out o of them.....cant run a company on quartely expenses of 800 k while revenue is 500K ( thats being generous)
1. they need a partner with some $$$$
2. they need a buyout
3. they need a massiv ein flux of revenue
4. they need quality leaderip
5. can they survive? only if they move in a different direction with a motivated CEO who knows how to GET THINGS DONE!!