InvestorsHub Logo

janice shell

01/28/24 9:53 PM

#4684 RE: valleybenedetto #4683

Yes, I'm sure that's exactly what will happen.

Buckey

01/28/24 11:06 PM

#4686 RE: valleybenedetto #4683

ULTIMATELY all development early stage companies have to eventually make money. At some point the new big investors say enough is enough. BY investors i do not mean those that buy on open market. They technically are not investing in company. I mean the big time placement investors. Right now revenue is minimal and yes expenses way down but company has a big cash drain on R&D and wages. I hear anecdotdaly they have a great product or 2 but have not commercialized it yet.

I would like to quote Dana White of the UFC here " you gotta make money"

now of course his famous meme quote was in reference to a question asked by a reporter who about Oscar de la hoya coming out of retirement. his entire quote was something like
"Cocaine isn't cheap.. its expensive...gotta make money"
https://www.facebook.com/watch/?v=234842181108021

so completely unrelated