RE: Am I missing something?31 Aug 2023 15:47
They have no money to get this to the finish line. This past 12 months they have received 350,000 in funding with 100,000 paid back which leaves 250,000. They have approximately 90,000 per month burnrate on expenses according to their interim financial statement. I thought my satire from my prior messages would state the obvious, which is this company is a joke. At the end of the day, there is a no product without clear title to it and no vendor is going to do work on it to a company in this situation that appears to not pay its bills, especially on a product that is in dispute. Let alone no one is buying a product with IP in dispute. These guys are buying time for a end game that I don't clearly understand. But their track record as previously commented in this message board sums up that this will not end well for investors.