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Bubae

11/05/21 3:19 PM

#38275 RE: Niceguy1 #38273

The dilution is in the drivers seat. The purported revenue isn't that impressive when you consider that it is actually ARIA's revenue and many note holders have their hand in that cookie jar. We will see how much of that revenue hits the bottom line to offset those quarterly $2 million losses. Where does the future revenue come from without more extensive capital? The have the option to purchase the real estate that the facility occupies. How much debt will they need to take on to pay for that? $47 million accumulated deficit number and they still don't own a treatment facility. Very poorly executed business plans.