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inthesky

04/29/22 1:01 PM

#139692 RE: Nomolo55 #139691

Right. They tease about acquisitions and now the plead for funding? They don't even give details on size of investment, amount of funding needed, if they already have some funding lined up, etc. Nothing at all. Just requesting shareholders to blindly buy? I'm not giving money to buy another keto sports. Also I wouldn't fund unless the acquisition is making close to or above 1M revenue per year and is somewhat profitable already. They have already spent too much money and debt on flops. Now shareholders are paying for it. What is wrong with management going after bad industries? Keto? Such a fad. Jasper is a start up and may be successful but who knows. With the money spent on Jasper and Keto, they could have bought a commercial property which would have at least appreciated. Or franchised McDonald's that at least would have cash flow. The industries they have chosen may be cheap to buy now but are cheap for a reason imo! Now they talk bout metaverse? What a joke? They dont have funds to be successful there imo.