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samson8

08/17/23 1:41 PM

#10981 RE: netmoney1999 #10980

They will file a revised offering for sure if the price doesnt get above .15. They are $44m in debt and just lost $2m last quarter, so desparate for cash.
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Roofus

08/17/23 1:41 PM

#10982 RE: netmoney1999 #10980

My guess is it depends

On if they become audited again or not. Investors are going to want to know if that $40 million revenue they made last quarter, and the $100+ million of revenue they made in 2022, was that officially audited revenue? Time will tell. No one knows for sure yet on that, from an outside the company perspective.