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daystreaming

04/12/22 12:25 PM

#13588 RE: Valuepeanuts #13587

I agree 100%. Why rush into a 1-150 RS with nothing to follow? They did not care at all about existing shareholders so they gave the big F-U to them. Then to dump all those shares in on top so there is no chance we ever recover.

They said 1-150 was equal to $6+ post RS, but we never even saw $4 post RS (1-100 equivalent). I just don’t get it. Anyway, sorry about the negativity but they earned it.

tcfib

04/12/22 1:21 PM

#13589 RE: Valuepeanuts #13587

At the end of the day they have $25mil in cash now, more than ever, which allows them to execute on probably a lot of things they could be before.

Their share count is still extremely small even with the share sale. Smaller than a vast amount of other companies with similar revenue on the Nasdaq.

I’m looking at 2022 and forward. Everything before is out of the way now. I’m not comparing anything to that moving forward. Q1 will tell all, as it will reflect their current balance sheet and backlog.

Claridge

04/14/22 3:59 PM

#13598 RE: Valuepeanuts #13587

r/WallStreetBets is where management belongs.

u/2CentTony -- there, I already got him a user name.