JD, you missed the point, read my post again to find my point. Why are the posts always CW v CVSI? Why not support one's POV using said company's data as support.
I discount posts which deride one company in order to elevate a favorite. I find no relevance in the constant deflection of facts.
As I stated, both companies have issues, doesn't make one better or worse than the other.
Some folks conveniently overlook very important numbers in financial report. CWEB makes money and turns it around and put it right back into the company Anyone can clearly see that assets are growing significantly every quarter. I would be truly worried if company at development stage was saving cash and keep it in a bank instead of re-investing. Especially now with inflation.. If we saw the same flat numbers QoQ when it comes to investment/assets (as you can see at CVSI) .. then yes you could call cash burn.. otherwise you should call it growth of the company... Let me guess.. the same people who call 'cash burn' probably never even owned stock like Tesla or Amazon.. because hell yes they had been burning cash for years before seeing net positive.. did Amazon or Tesla grow or just burned cash ? LMAO
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