They need the capital. They are building the machine for higher revenues.
It's the cart and the horse thing. Or catch-22. Can't do one without the other.
The first sign that he has converted all of his efforts into meaningful revenue growth. Then that is when we see a price increase. Investors are saying "prove it" now.
He shot all of his goodwill these last few years before his latest commitment to build the company. If he would have done this 3 years ago, we would have been sitting pretty.
He can still get it done, but words won't cut the mustard anymore. C'mon JB, do it the right way this time. It looks like you are so far. Please keep it up and don't give the market any reason to doubt your intentions.
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