I think the bigger issue isnt whether it can be profitable or not, but the fact that it will take, most likely, a ton of dilution to get there and also the fact the CEO pretty much lied and overexagerated to an extreme. Sure, it has a chance at some point to do well, but it will have to go through many obstacles and financing to get there, to even just have a small chance. Can you really trust this CEO to get investors to where many will be able to breakeven above .50, 8x the current value?
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