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namtae

02/22/23 9:32 AM

#378218 RE: Just give me $1.50 #378214

Well Apple et al had the financial bandwidth to pursue various projects. They can take multiple hits and not be phased by failures along the way

Then theres Elite, the company that damaged its shareholders with a massive drop in share price leading to more aggressive dilution in capital raising, large capital expenditure that they screwed Epic over to cover etc

Little dink companies like Elite cant afford many big misses

Thats the difference

Because of Elites screw up, its share price rests in the 3 cent range

Congrats